PIBC/REIBC Webinar - Strategic Statistics to "Get the Job Done!"

Last month, the Planning Institute of British Columbia (PIBC) along with the Real Estate Institute of British Columbia (REIBC) hosted a Provincial Planning Outlook webinar, exploring BC's demographic makeup and how it's expected to change over the short and long term, the implications on household formation and housing demand, the key economic forces impacting growth, and what trends we can expect in the residential, commercial, and industrial markets.

Our Senior Economist, Ryan Berlin, offered his expertise and insight to real estate and planning professionals to help them formulate a strategic planning perspective for 2019. 

Key takeaways:

  • Canada's new, higher immigration targets will result in additional population growth for BC and Metro Vancouver, which will, in turn, require housing supply to further expand to meet the new demand.
  • With migration expected to continue to drive population and employment gains in BC, rental housing will increasingly be relied upon to facilitate economic growth.
  • The province's economic fundamentals are robust, with the national interest rate outlook also becoming more favourable in recent months.

Our rennie intelligence division empowers individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.

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A monthly report providing insights into sales, listings, and pricing trends throughout the Vancouver Region's housing resale market.


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