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News > The Landcor Report: April - June 2015

The Landcor Report: April - June 2015

posted on 2:29 PM, November 6, 2015

BC Housing Market Overview

In this edition of my report, I’m taking a quick look at housing affordability in BC. Once again, I remind you that I am looking at your housing market from a considerable distance – from Etobicoke, Ontario. I don’t have the benefit of taking part in heated discussions with the local population.

But first, we look at the sales trend. It continues to recover from the dip seen in 2011 and 2012, and remains well below the exuberant levels seen before the recession (in these charts “Poly.” refers to a “polynomial” trend line that is generated by Excel). (In these charts “Poly.” refers to a “polynomial” trend line that is generated by Excel).

BC Q2 2015 Residential Sales Summary (PDF)