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Bryan Yu

Central 1: Caution as pandemic shifts towards greater normalization

Bryan Yu, The Business Examiner, Aug 30, 2021

BRITISH COLUMBIA – It is no secret that housing prices have surged across BC and throughout Canada. Since the onset of the pandemic, average MLS® home prices in Canada have increased 25 per cent with BC 23 per cent higher.

What is often missed, however, is a detailed perspective of urban area performance. MLS® data published by the Canadian Real Estate Association and local real estate boards is current and valuable to assess the current state of the market and resale inventories.

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