In this market intelligence, we take the example of Auckland as indicative of what a policy of aggressive housing liberalization and upzoning could achieve in the BC housing market.
Posts tagged with “Housing Supply”
Economics Auckland’s Housing Supply Experiment: What Does it Mean for British Columbia’s Homes for People Plan? 
Advocacy Budget 2024 Consultation 
BCREA presented an array of housing policy recommendations to the provincial Select Standing Committee on Finance and Government Services.
Advocacy BC REALTORS® Advocate for More Thoughtful Housing Policymaking Process 
This year, BC’s organized real estate sector collectively advocated for a more thoughtful housing policymaking process and increased missing middle housing options.
Advocacy Federal Budget Lacks Meaningful Housing Supply Initiatives
On March 28, 2023, federal Minister of Finance Chrystia Freeland announced the 2023 Federal Budget which focused on inflation relief for low-income families and incentives for the green economy.
Advocacy BCREA Welcomes Budget 2023’s Housing Measures with Cautious Optimism 
On February 28, 2023, Minister of Finance Katrine Conroy delivered the BC 2023 Budget Speech, adding financial promises to bolster Premier Eby’s stated governmental priorities.
Advocacy 2023 Throne Speech Outlines BC Government’s Housing Priorities
The Lieutenant Governor Janet Austin opened the 42nd parliament’s fourth session with a Throne Speech outlining Premier Eby’s priorities. The speech touched on initiatives that will impact BC’s real estate sector.
Advocacy REALTORS® Call for the Establishment of a Permanent National Housing Roundtable 
At the 2022 Political Action Committee Days conference in Ottawa last week, we met with members of Parliament from communities across BC to discuss policies that promote a vibrant and sustainable real estate sector.
Advocacy BC Municipal Elections: Local Governments Need to Address Housing Affordability
As British Columbians head to the polls on October 15, BCREA is pleased to share the top housing affordability solutions that should be the policy focus of candidates running for office across the province.
Advocacy British Columbians Face Diverse Housing Challenges in Northern and Island Communities
In advance of the 2022 General Local Elections, BCREA discussed housing challenges faced by mayors and community stakeholders in several of BC’s unique municipalities.
Advocacy Metro Vancouver Cities Need Collaboration to Address Housing Affordability
At the 2022 UBCM Convention, delegates from BCREA and five of BC’s real estate boards met with municipal leaders to discuss how housing supply and affordability issues have impacted their communities.
Advocacy BC REALTORS® Advocate for Better Consumer Protections During 2022 Government Liaison Days
On May 10 and 11, many REALTORS® from across BC convened to discuss government liaison issues and met with their local MLAs.
Economics New BC Real Estate Association Report Estimates Impacts of Increased Supply on BC Housing Market
BCREA’s latest Market Intelligence Report finds that policies designed to streamline the development cycle are effective at mitigating demand shocks and corresponding price increases.
Advocacy How the 2022 Federal Budget Impacts BC Real Estate
On April 7, Budget 2022 was introduced with a significant focus on the supply and affordability of housing in Canada.
Advocacy Few New Promises to Increase Housing Supply in BC’s 2022 Budget
BC’s 2022 budget is very much a recovery budget. There are significant investments in continued recovery from this past year’s extreme events.
News Releases Too Tight? The Impact of Bank of Canada Tightening on BC Housing Markets
The latest Market Intelligence report explores both the historical impacts of the Bank raising its policy rate and a number of scenarios likely to play out in BC’s housing market as a result.
Advocacy 2021 Advocacy Year-In-Review
This year was full of significant changes for the real estate sector in BC. Here’s a recap of significant actions and interventions by the BC Government this year.
Economics BC Housing Market at Historically Low Level of Supply
The British Columbia Real Estate Association reports that a total 9,593 residential unit sales were recorded by the MLS® in October 2021, a decrease of 13.7 per cent from October 2020.
Advocacy BC Government Takes Positive Step to Increase Housing Supply, But Incentives Needed to Encourage Action 
BCREA welcomes legislative amendments aimed at speeding up development approval and encourages further action to increase housing supply.
Economics Record-Low Supply Keeps Market Conditions Tight in September
The British Columbia Real Estate Association reports that a total 9,164 residential unit sales were recorded by the MLS® in September 2021, a decrease of 19.9 per cent from September 2020.
Economics Way Out of Balance: Housing Supply and Demand During the Pandemic
BCREA has published a measuring the imbalance between supply and demand in the BC housing market during the COVID-19 pandemic.
News Releases Collaboration Between Parties and Levels of Government Key to Housing Affordability in Canada
BCREA encourages the new federal government make collaboration a central focus of upcoming work on housing affordability in Canada.
Advocacy Why Another Liberal Minority Could Have a Significant Impact on BC Real Estate Sector
When parliament next meets it will look very similar to what it looked like prior to the election, although there may be big changes coming to the real estate sector based on the Liberal Party’s campaign platform.
News Releases Election Housing Promises Destined to Fail Without Detailed Plans to Increase Supply
The British Columbia Real Estate Association is encouraged by the focus on housing affordability as a key priority in each of the major party’s platforms in the lead-up to September’s federal election.
Advocacy Comparing Election Promises to Increase Housing Supply
Learn about the federal parties’ key housing platform promises.
News Releases BCREA Agrees with Expert Panel’s Calls to Increase Housing Supply for Improved Affordability
BCREA is encouraged by the final report from the Expert Panel on Housing Supply and Affordability and its specific recommendations around housing supply.
Advocacy Expert Panel Recommends Meaningful Action to Increase Housing Supply
The Expert Panel on Housing Supply and Affordability has published a report including 23 recommendations for all levels of government increase housing supply in BC.
News Releases BCREA Supports Housing Funding for Middle-Income Families, Encourages Additional Supply-Side Action 
BCREA welcomes the province’s recent announcement that $2 billion in development financing will be committed to the HousingHub program to help create affordable housing choices for middle-income families.
Economics Supply and Demand: A Quantitative History of BC Home Prices
The latest BCREA Market Intelligence examines whether it’s possible to say how much of the last decade’s rise in home prices we can attribute to changes in supply, demand, interest rates and other factors.
Advocacy Solutions to Address BC Housing Supply
As Canadians recognize the important work done by housing partners on National Housing Day, BCREA acknowledges that there is still much work to do to ensure affordable, appropriate housing…
News Releases B-20 Stress Test Needs Revision to Improve Housing Affordability
BCREA is calling on the federal government to revisit the B-20 stress test so that more BC families can achieve their dream of homeownership…
