Summary Findings:
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Growth in home prices is a function of many factors and those factors do not always impact prices to the same degree- Shocks to housing demand and interest rates are the largest contributors to fluctuations in home prices, but provincial and municipal governments have limited to no ability to control these factors
- Policies to increase the overall housing stock and grow the supply of residential listings would be enormously beneficial to controlling future price growth
For more information, please contact: Gino Pezzani.
Here is to view the Market Intelligence Report PDF:
[gview file="https://vanhomesales.com/wordpress/wp-content/uploads/2021/03/Supply-and-Demand-A-Quantitative-History-of-BC-Home-Prices.pdf"]
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