Economics

B.C. housing market to remain strong until mid-2021, buoyed by ‘rock bottom’ rates

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Vancouver, B.C., December 21, 2020­ – B.C. home sales remain exceptionally strong as 2020 draws to a close and continued sales growth is expected into 2021, driven by low interest rates, according to Central 1 Deputy Chief Economist, Bryan Yu in his latest B.C. Housing Outlook: 2020-2022. “The rebound in housing demand from pandemic-induced lows in the spring has been spectacular,”...