MLA Intel 2023 This week, we launch the MLA Intel 2023 report, the newest edition of our deep dive into market intelligence that provides an overview of the past year's market conditions and our outlook moving into 2023. The past year has seen some of the most challenging conditions in nearly a

While it has been well discussed the impact labour – and specifically its shortages – has on real estate construction, the relationship between the labour market at large and the real estate market’s economic standing deserves to be further unpacked. In reality, the health of the labour market is a

According to BC Stats, the Okanagan population is projected to increase by 25% over the next 20 years. This growth is driven by both natural increase and in-migration from other parts of Canada and around the world. The Canadian government has set its sights on an even brighter future for the

January 2023 Greater Vancouver Real Estate Market Insights Welcome to the February 2023 episode of the Presale Pulse, a real estate show brought to you by hosts Ryan Lalonde and Suzana Goncalves. Watch the video to understand the latest macroeconomics, pre-sale, and resale trends over the last 30

January 2023 Fraser Valley Real Estate Market Insights Welcome to the January 2023 episode of the Fraser Valley Presale Pulse, a real estate show brought to you by hosts Ryan Lalonde and Brittany Reimer. Watch the video to understand the latest macroeconomics, pre-sale, and resale trends over the

Vancouver is a city where residents are facing sky-high real estate prices, yet it also boasts the highest percentage of households without mortgages in Canada. According to recent data from Statistics Canada, an incredible 50% of Vancouver owner households are mortgage-free. The region is a hotbed

It may come as no surprise that construction costs play a significant part in determining house prices, representing over a third of the costs that factor into a development. The fourth quarter of 2022 saw a 1.0% increase in residential building construction costs across Canada, while non

INTERIOR JANUARY MARKET STATS Like in the Lower Mainland, rising interest rates have caused a decline in demand and impacted the post-pandemic market gains across markets in the Interior region of BC. We expect the trend to persist in 2023 as market activity slows and buyers and sellers negotiate

JANUARY PRE-SALE REAL ESTATE MARKET INSIGHTS “The Lunar New Year sales sprint this year in the presale market did not disappoint – with several programs offering aggressive incentives and reporting strong resulting absorptions to match. Many buyers are now actively re-entering the market and