Who knew 2025 would bring such uncertainty so quickly? Despite the pause on tariffs, the country is on edge, with measures of economic uncertainty spiking to levels we haven’t seen in decades. Just a few...
It’s still a little hard to tell if the tariff threat is a big bluff or not, but right now the best we know is that tariffs are arriving Feb 1st (I guess they’re working...
New population data came out last week, and it showed that though growth was down from the last two years, Victoria grew by 1.7% in 2024, still substantially faster than what we were used to...
From the blood-from-a-stone department, we have a new flipping tax in BC since the start of the year. Similar to the federal version, the BC flipping tax imposes additional tax on homes flipped for a...
Well it’s the time of year again when we look back at the predictions made for 2024 and how well they did (or more likely, didn’t) pan out. There are dozens of people whose job...
CMHC dropped their annual rental market report last week, and though headlines focused on the fact that Victoria is the second most expensive city in Canada (overtaking Toronto), the data for Victoria is actually very...
With the inevitable long run trend of deteriorating affordability for the typical house on a 6000sqft lot, I believe the future of family housing in most of our cities is some form of townhouse. Problem...
This post is 2 years old. The data and my views may have since evolved.Something I’ve been puzzling over is how active the market has been recently, despite the fact that affordability is still quite...
This post is 2 years old. The data and my views may have since evolved.The market started picking up in September, detached went on something of tear in October, and November brought continued strong activity,...
This post is 2 years old. The data and my views may have since evolved.The market is continuing on a bit of a tear in November, and while cities around the province and country are...
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