BC Economy – COVID Effects

BC Economy – COVID Effects

Here is an article from the BC Real Estate Association that shows the effects of the closing and reopening of the economy this year.

There are insightful time series graphs from the beginning of 2019 that track many variables including:

  • Home sales, new listings and starts
  • Home sales by region
  • Average rental rates
  • Retail sales
  • Restaurant reservations
  • Traffic congestion
  • Jobs and hours worked
  • Manufacturing and International Trade
  • Business and Consumer Confidence
  • Tourism

Here is a sample graph that shows the current widening gap between sales and new listings:

I’m always here to help you with advice on how to best move forward in this changing environment – please feel free to call anytime!

call/text:  604.603.8538

or email:  dbauck@deanbauck.com