Bryan Yu

B.C. weekly earnings, small-business confidence rise

Paycheques in B.C. fattened in August as average weekly wage earnings rose 0.9% to $981, exceeding the national increase of 0.6%. This followed an increase of 0.8% in July. At 4.1%, year-over-year...

B.C. housing sales remain sluggish

Weak housing sales continued through September. B.C. Multiple Listing Service sales declined 33% year-over-year, to 5,580 units. While this decline was deeper than August’s 26% drop – on a seasonally...

B.C. housings starts slide in September

The see-saw pattern for B.C. housing starts continued in September. Urban-area starts plunged to a seasonally adjusted annualized rate (SAAR) of 25,611 units after tracking a robust 40,000-unit pace...

Goods production helps drive B.C. job gains

B.C. employment surged in September, marking a fourth consecutive monthly increase, after a weak first half. Estimated employment rose by 33,300 persons, up 1.3% from August. Gains were propelled by...

Province’s employment maintains momentum

Non-farm payroll counts continued to rise in July according to the Survey of Employment, Payroll and Hours (SEPH). SEPH employment climbed 0.1% or 2,744 positions from June. Upward momentum remained...

B.C. retail spending slips for third straight month

B.C. retail spending softened for a third straight month in July as declines in purchases of motor vehicles and parts and sales at gasoline stations offset higher housing-related purchases....

Housing construction increased in B.C. in August

B.C. housing starts rose for a second straight month in August. The increase partially stalled declining momentum during the first half of the year. Including rural areas, starts reached a...

B.C. housing prices, sales continue to slide

The year of discontent persists for the housing sector as the confluence of federal mortgage stress-testing measures, higher interest rates, provincial policy measures and buyer skittishness...

Weekly paycheques in B.C. get fatter in June

Employees across most B.C. industries enjoyed higher paycheques in June, according to the latest Survey of Employment, Payrolls and Hours. Average weekly earnings rose 0.6% from May. The gain...

B.C. retail sales sector growth slides in June

Retail disappointed in June in B.C. as sales growth lagged behind all provinces while the sector posted the strongest decline in more than two years. A slowdown in housing-related purchases, health...