Vancouver Island-Coast Housing Market Update: Spotlight on Victoria

A Promising Start to 2025 The Vancouver Island-Coast region, including Victoria, kicked off 2025 with a housing market showing signs of resilience. Sales began slightly higher than the same time last year, though they remain below the ten-year average. February painted a dimmer picture, with uncerta

BC Real GDP Growth Slows to 1.2% in February 2025, Slight Uptick Expected in March

The BCREA Nowcast for British Columbia’s economy shows a continued trend of modest growth in early 2025, reflecting a broader pattern of post-pandemic stabilization and the impacts of international trade developments. According to the most recent data, the province’s real GDP is estimated to have gr

How the Liberal Party Plans to Tackle Canada’s Housing Crisis: A Bold Vision for Affordable Homes and Skilled Jobs

As housing affordability continues to dominate national headlines, the Liberal Party of Canada has unveiled a sweeping plan to address the crisis. Their approach focuses not only on building more homes but also on making the construction process faster, more sustainable, and inclusive of both innova