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,”...
B.C.’s ongoing recovery to persist through 2021 and beyond, but slow growth scenario expected Vancouver, B.C., September 9, 2020 – HIGHLIGHTS B.C.’s economy to contract by 6.1 per cent in 2020 with a recovery trend lifting growth to 4.0 per cent in 2021 Moderate economic growth of 3.4 per cent forecast in 2022 and 2.2 per cent in 2023 Economic...
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