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Canada's federal government recently shared its 2024 Budget, which includes changes to the capital gains inclusion rate, the capital cost allowance schedule, first-time home buyer amortization periods, and the home buyers' plan.
US core PCE inflation (the Federal Reserve's preferred measure, over the CPI) rose by a-little-too-hot 2.8% in March on a year-over-year basis.
New data show that Canada's payroll employment declined by 17,700 jobs between January and February.
the rennie landscape | Vancouver | Spring 2024
Twice a year, rennie intelligence produces the rennie landscape, which tracks a variety of demographic and economic indicators that directly and indirectly influence the housing markets of Metro Vancouver, Greater Victoria, and the Central Okanagan. Our goal is to provide our community with a basis for evaluating the trajectory of the factors that collectively define the context of the real estate market.
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Buying activity has remained tepid through the first quarter of 2024; for many, the looming interest rate cuts can't happen soon enough.
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PODCASTS
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all signs point to cut
April 2024 • Episode 62
spotlight on victoria: market trends and policy ends
March 2024 • Episode 61
What’s in store for 2024?
February 2024 • Episode 60
all or nothing
January 2024 • Episode 59