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Bryan YuBIV |
Consumer demand wilted during the first quarter as retail spending in Canada declined for a third consecutive month in March. Seasonally adjusted...
The release of local population figures for 2023 confirmed our expectation that growth migrated back to the largest urban areas. Population growth in...
Following the modest increases seen in previous months, B.C. employment expanded by a robust 23,400 people (0.8 per cent) in April with year-over-year...
Housing supply is on the rise in the Lower Mainland as more owners try to capitalize on what is normally the peak selling season, but is instead a...
Consumer weakness looks to have extended through the first quarter, with retail spending in Canada declining for a second consecutive month in...
B.C. housing starts picked up again in March. On a seasonally adjusted annualized basis, urban starts increased to 58,670 in March. This marks an...
Following a modest monthly increase, British Columbia’s workforce reported another mild expansion last month. The number of people employed in the...
Prospects of interest rate relief and waning fears of a recession supported an uptick in B.C. business optimism in March, according to the latest...
B.C.’s housing market performance faltered in February as home sales fell, retracing most of the gains made in the prior month. Seasonally adjusted...
B.C. housing starts rebounded in February after a weak January. On a seasonally adjusted and annualized basis, starts rose to 44,437 last month. This...
B.C. employment growth slowed to a modest 0.2 per cent in February, following a January increase. Year over year, provincial employment increased by a...
Retail spending in Canada reported a surprisingly robust end to 2023. Seasonally adjusted retail sales rose 0.9 per cent from November to December to...
B.C.’s housing market is gaining traction. MLS sales in the province rose to 6,054 units in January, up 4.5 per cent month-to-month, albeit...
Like much of the country, B.C.’s rental market crisis deepened in 2023. The 2023 Canada Mortgage and Housing Corp. (CMHC) Rental Market Survey...
B.C. employers reported a very slight decline in their non-farm payrolls in November. From the latest Survey of Employers, Payroll and Hours (SEPH),...
B.C. employers reported a very slight decline in their non-farm payrolls in November. From the latest Survey of Employers, Payroll and Hours (SEPH),...
The housing market in B.C. ended 2023 with a surprise sales gain. Seasonally adjusted MLS sales rose for the first time since June 2023, with a...
In November, growth in B.C.’s merchandise exports returned to positive territory, achieving a year-over-year gain of 2.5 per cent – the first...
B.C.’s labour market caught an updraft to end the year after little change in both October and November. Total employment rose by 17,700 people (0.6...
Retail spending in Canada gained traction in October following September’s increase. Seasonally adjusted retail sales rose 0.7 per cent...
In October, the consumer price index (CPI) for B.C. decelerated to a year-over-year 2.7 per cent, from 3.3 per cent in September. It was the second...
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