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Residential building permits in Metro Vancouver haven't kept pace so far in 2024. Total permit values through the first nine months of the year have declined 6% (to $7.1 billion) from the same period in 2023.


The Government of Canada 5-year bond yield has been on the rise of late, to 3.08% as of November 15th. This is up from 2.74% back on October 1st, putting some upward pressure on 5-year fixed mortgage rates.


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sales burst and population bust
2024-11-28 • Episode69

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Though time will ultimately tell, our early take is that falling interest rates do appear to be stimulating housing demand in BC's resale markets.

Ryan Berlin

Head Economist and VP of Intelligence

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sales burst and population bust

November 2024 • Episode 69

conquering inflation, at a cost

October 2024 • Episode 68

to buy or not to buy (now)?

September 2024 • Episode 67

the art of the pre-sale

August 2024 • Episode 66


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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

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