Traditionally, the MLA Intel Report has included a breakdown of the presale activity over the past year as well as forecasting for the year ahead.

The recent Union of the BC Municipalities (UBCM) 2024 housing summit created a critical moment to collectively address British Columbia's acute housing crisis.

Calgary's real estate market is going to have a lot of eyes on it in 2024. It’s clear an evolution is unfolding, fueled by dynamic shifts in migration patterns, economic activities, and a burgeoning population.

In a recent decision, Kelowna's municipal government has taken a hard stance on short-term rentals, ushering in a wave of unintended consequences affecting various stakeholders in the community.

Product design is forever evolving to meet the needs of the modern consumer, and 2024 brings with it its own trends showing up in the market.

In recent years, the Canadian rental market has witnessed significant changes. The large upward jump in 2022 put significant pressure on tenants and developers in the rental housing space.

In Greater Victoria, the real estate market this past year was marked by undersupply, stagnation in certain segments and, luckily, promising growth in others. Here, we look at what happened in 2023 in presale and resale and, most importantly, what we can expect in the coming year.  

As we bid farewell to 2023, a year marked by shifting economic landscapes and policy evaluations, we find ourselves at the cusp of a new year with the Okanagan real estate market in focus.

The preceding year stands as a testament to our collective triumph, marking significant milestones within our presale programs. The exceptional reception and staggering achievements of 2023 underscore our commitment to excellence.

As we approach the end of 2023, the real estate market in Kelowna is witnessing a cooling trend, absorbing both seasonal fluctuations and the impact of interest rate hikes set in June and July. This shift is expected to persist through winter before rebounding in spring.