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February's job report revealed that employment was mostly flat in Canada in January, with the number of jobs actually edging down by 25,000 compared to December (on a seasonally-adjusted basis).
On the back of fewer people looking for work, the national unemployment rate fell by 0.3 percentage points in January, to 6.5%.
In Metro Vancouver, employment rose marginally while the number of unemployed persons fell, pushing the regional unemployment rate down to 6.2% (from 6.5% in December).
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Inventory remains high in both the resale and new-home segments to close out 2025, pointing to continued opportunities for buyers in the new year.
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PODCASTS
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after a tough 2025, where does real estate go next in Metro Vancouver?
January 2026 • Episode 84
why buyers are waiting and sellers are still listing in the Sea-to-Sky
December 2025 • Episode 83
does AI know more about real estate than we do?
December 2025 • Episode 82
balancing acts and bottlenecks: how Seattle’s economy and housing market are adjusting to a new normal
November 2025 • Episode 81