The recent increase in key lending rates has sparked major concerns among Canadians, particularly those looking to buy a home. The housing market in Canada is facing challenges, but the Bank of Canada's recent announcement about a potential pause in the rate cycle may lead to normalized conditions

The wild ride that was in 2022 is now in the rearview mirror. Yet, 2023 is a place of hope for many industry participants and hopeful homebuyers. The coming weeks will see the release of our annual MLA Intel report, an examination of current market trends and their relation to fundamentals that

What 2022 Brought Forth in the Central Okanagan Real Estate Market The first quarter of 2022 had a heightened level of market activity in Kelowna, driven in part by the low-interest rate. This led to a surge in demand for real estate, resulting in all-time high property values and a lack of new

DECEMBER PRE-SALE MARKET CLOSES OUT THE YEAR STRONG As expected, December inventory levels were down allowing for a strong same month sales absorption. All eyes will be on Lunar New Year Incentives as programs aim to hit presale requirements and new programs test market depth on larger scale

The last month of 2022 wrapped up a year of increasingly suppressed market activity. 2022 began by building on the steam of a strong 2021 market, with consumer confidence resurging post-pandemic, fuelled by historically low borrowing rates. However, early in 2022, sales began reverting to

At MLA Canada, 2022 was filled with exciting projects and accompanying wins. Looking through the lens of this challenging year, we are particularly proud of the great projects and milestones achieved. As valuable as it is to look forward, it’s also important to reflect on and celebrate the successes

By Ryan Lalonde, President, Partner at MLA Canada Those watching the real estate market across British Columbia understand 2022 was a year of trials and tribulations that challenged the very best in our industry. Coming off 2021's undeniable strength and momentum, we saw inflation and supply chain