Real Estate Strategy & Leasing Conference

Nov 01, 2017

Written by

Ryan Berlin

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On Wednesday, November 1st, 2017,

Canadian Real Estate Forums

held their 6th annual Vancouver Real Estate Strategy & Leasing Conference in Vancouver

, British Columbia

, where our VP of Intelligence Andrew Ramlo and Senior Economist, Ryan Berlin discussed the changing demographic and economic landscape in the Lower Mainland.

You can find the full slide deck from their presentation here.

Written by

Ryan Berlin

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Inflation is once again top of mind with the war in Iran driving up energy prices globally. Home sales in Greater Victoria through the first three months of this year were at their second-lowest level in more than a decade.

Rising energy prices as a result of the war in Iran have rekindled inflation concerns and put upward pressure on interest rates. Sales in the Central Okanagan remained above last year’s level in March, but inventory was notably lower, leading to tighter market conditions.