Bryan Yu

Housing market regaining its footing in B.C.

It is still early, but B.C.’s housing market may have found its footing. October Multiple Listing Service (MLS) housing data recorded a strong bump in sales of 5.8 per cent to mark the first...

2021 was a boom year for B.C.’s economy

While somewhat stale at this point, Statistics Canada’s release of expenditure and income estimates for 2021 reinforced what was already known as a stellar year for growth in B.C. Provincial...

Labour market buoyant, home sales down in B.C.

B.C.’s labour market remained strong through October with Labour Force Survey estimates pointing to positive hiring momentum and a lower jobless rate. Employment rose 0.4 per cent or a modest 9,800...

B.C. business confidence, payroll counts inch up

Canadian business confidence is down, according to the latest Canadian Federation of Independent Business. Despite the national decline, B.C. small and medium enterprises (SMEs) reported increases...

B.C.’s inflation numbers leapfrog national inflation rate

B.C. consumer price inflation surged far ahead of the national rate in September as consumers in Canada’s most westerly province grappled with a localized spike in gasoline prices. Growth in the...

Housing market downturn deepens in B.C.

B.C.’s housing market slide deepened through September with lower sales and prices. Further rounds of interest rate tightening by the Bank of Canada and resurgent bond yields will continue to erode...

B.C. unemployment rate hovers near historic lows

After a surprisingly sour August reading, B.C. employment bounced back as expected in September – a reminder not to read too much into a single month of data. Total employment rose 1.2 per cent or...

Population up in B.C., long-term business confidence down

Canada’s population soared during 2022’s second quarter as a record pace of newcomers led to the highest quarterly gain since 1949, when Newfoundland entered confederation. Total population rose...

Inflation, interest rates weaken retail sales in B.C.

In a sign that consumer demand may be under pressure from high inflation and interest rates, a housing market downturn and weaker economic growth, retail spending retraced in July after three months...

Housing market recession deepens in B.C.

BC’s housing market recession deepened in August with few signs of an imminent recovery and interest rates still on the rise. Multiple Listing Service (MLS) home sales fell to a seasonally adjusted...