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Canada's population exploded to the tune of 1.271 million additional people in 2023--a new record.
The federal government announced a plan to reduce the number of non-permanent residents in Canada from their current 6.6% share of the population to 5.0% by the end of 2026.
February's inflation reading of 2.8%, down from 2.9% in January, is the latest justifiction for the Bank of Canada to begin trimming its policy interest rate by June at the latest.
the rennie landscape | Vancouver | Spring 2024
Twice a year, rennie intelligence produces the rennie landscape, which tracks a variety of demographic and economic indicators that directly and indirectly influence the housing markets of Metro Vancouver, Greater Victoria, and the Central Okanagan. Our goal is to provide our community with a basis for evaluating the trajectory of the factors that collectively define the context of the real estate market.
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Buying activity has remained tepid through the first quarter of 2024; for many, the looming interest rate cuts can't happen soon enough.
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PODCASTS
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spotlight on victoria: market trends and policy ends
March 2024 • Episode 61
What’s in store for 2024?
February 2024 • Episode 60
all or nothing
January 2024 • Episode 59
market practicalities of macro-ality and seasonality
December 2023 • Episode 58