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”
![post image](https://www.bcrea.bc.ca/wp-content/uploads/Market-Intelligence-Featured-Image-September-scaled.jpg)
![post image](https://www.bcrea.bc.ca/wp-content/uploads/2024Budget.jpg)
BCREA presented an array of housing policy recommendations to the provincial Select Standing Committee on Finance and Government Services.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/GLDays_Delegates_910x600.jpg)
This year, BC’s organized real estate sector collectively advocated for a more thoughtful housing policymaking process and increased missing middle housing options.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/federdal-budget-2023.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/ParliamentBuildings27.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_85812331-scaled.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/CREA-PAC-Days-2.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_244619488.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/Nanaimo_shutterstock_1052475698.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/Metro-Van_-Coquitlam_shutterstock_1976887751.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_2066562596_r.jpg)
On May 10 and 11, many REALTORS® from across BC convened to discuss government liaison issues and met with their local MLAs.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_600440855_r.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_747320902-1.jpg)
On April 7, Budget 2022 was introduced with a significant focus on the supply and affordability of housing in Canada.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_1388245970-scaled.jpg)
BC’s 2022 budget is very much a recovery budget. There are significant investments in continued recovery from this past year’s extreme events.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/MIR_January-Feature-Image.png)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_168936881_r.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/featureimage-2.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_1215238438_web.jpg)
BCREA welcomes legislative amendments aimed at speeding up development approval and encourages further action to increase housing supply.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/featureimage.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_1813788095_r.jpg)
BCREA has published a measuring the imbalance between supply and demand in the BC housing market during the COVID-19 pandemic.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_596086811_web.jpg)
BCREA encourages the new federal government make collaboration a central focus of upcoming work on housing affordability in Canada.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/feature-image2.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_747320905_r.jpg)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/Affordability1_r.jpg)
Learn about the federal parties’ key housing platform promises.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_389633263.jpg)
BCREA is encouraged by the final report from the Expert Panel on Housing Supply and Affordability and its specific recommendations around housing supply.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/Feature2.png)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/HousingHub.png)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/MIR-blogchart032021.png)
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.
![post image](https://www.bcrea.bc.ca/wp-content/uploads/shutterstock_271171484-scaled.jpg)
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…
![post image](https://www.bcrea.bc.ca/wp-content/uploads/iStock_000000710854Small_HOW-MUCH.jpg)
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…