December 10th, 2021
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Earlier this week, the BC Real Estate Association released a report on the Mortgage Rate Forecast. As a result of rising cost of capital for banks, Canadian fixed mortgages are on the rise. Based on our outlook for economic growth and inflation, as well as the Bank of Canada's new timetable for tightening monetary policy, BCREA anticipates that the average five-year fixed rate will return to its pre-pandemic level of 3% by the fourth quarter of 2022. For the full forecast, check out BCREA’s website.
To hear BCREA’s Chief Economist Brendon Ogmundson’s in-depth analysis of what he foresees for the housing market in 2022, consider attending our Housing Outlook 2022 webinar on January 20th.
Housing Outlook 2022
Thursday, January 20, 2022 12:00 a.m. - 1:00 p.m.
Economic Forecast 2022
Thursday, January 27, 2022 12:00 a.m. - 1:00 p.m.
Industry Webinars and Events
MIABC Webinar: Commercial Real Estate Outlooks
Tuesday, December 14, 2021 12:00 p.m. – 1:30 p.m.
MIABC 2022 Networking Golf Tournament
Monday, June 6, 2022
Save the date – More information coming soon!
PAMA Legal Update
Wednesday, January 5, 2022 8:00 a.m. – 9:00 a.m.
Rental Management Part 1
Tuesday, January 11, 2022 – Thursday, January 13, 2022 9:00 a.m. – 11:00 a.m.
Rental Management Part 2
Tuesday, February 8, 2022 – Thursday, February 11, 2022 9:00 a.m. – 11:00 a.m.
Rental Management Part 3
Tuesday, March 8, 2022 – Thursday, March 10, 2022 9:00 – 12:00 a.m.
Informal Housing Challenge: Community Ideation and Innovation
Expected February 2022; three-week program
Property Representative 1 - BC Hydro
General Manager - Arbutus Ridge
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