rennie landscape - spring 2024 edition

housing

GETTING A FOOT IN THE DOOR IS HARDER THAN BEFORE

16%

pre-pandemic BC avg. 11.8%

pandemic price growth BC avg. 9.6%

interest rate growth BC avg. 6.9%

14%

12%

10%

8%

6.2% 7.2% 7.1%

6%

4%

3.6%

2%

0%

2018

2019

2020

2021

2022

2023

METRO VANCOUVER

CAPITAL REGION CENTRAL OKANAGAN BC

DATA: SHARE OF FIRST-TIME HOMEBUYER RESIDENTIAL PROPERTY TRANSACTIONS, 3-MONTH MOVING AVERAGE, BC

SOURCE: BC GOVERNMENT PROPERTY TRANSFER TAX DATABASE

rennie.com

39

Made with FlippingBook - professional solution for displaying marketing and sales documents online