CONTACT

Arnold Shuchat PREC Real Estate Blog

RSS

B.C. Housing Market Economic Forecast-Post Covid-19

The latest BC Real Estate Association economic impact analysis of the Covid-19 pandemic on BC housing prices, with a look at the sectors and players most affected.  This is a 38 page graphical presentation which distills the facts from the noise and I urge you all to review it. Please feel free to share this on any social media or with friends who may be feeling anxious about the current situation.
 
One thing that I found interesting in the Q & A that I had the privilege of attending with Brendan Ogmundson, BCREA 's Chief Economist, was that he did not feel the market was concerned at all with the magnitude of the new government debt or that same would result in increased interest rates to reflect any kind of increased federal borrowing risk.  That was very reassuring.

Comments:

No comments

Post Your Comment:

Your email will not be published
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.