2017 MID-YEAR REVIEW: B.C.'s new government and the housing scene: More bureaucracy, even less inventory ahead
Goodman Report

2017 MID-YEAR REVIEW: B.C.'s new government and the housing scene: More bureaucracy, even less inventory ahead

With B.C. reeling from the shift to an NDP minority government after an unprecedented 52-day election, it’s high time to bring you the Goodman Report’s forecasts on how the political shifts will shape rental housing in Metro Vancouver.

With the first six months of 2017 now behind us, we’ll also analyze how this year’s performance compares to 2016 for the same time period.

Our latest report, 2017 Mid-Year Greater Vancouver Rental Apartment Review, provides an overall market synopsis including transactions, forecasts and market trends.

Specifically, we zero in on:

  • How the political earthquake in our provincial government will shape housing
  • Why the NDP/Green campaign promises can’t pan out
  • The City of Vancouver’s political inertia with respect to rental construction
  • Rental rate and vacancy projections (hint: one’s going up, the other down)
  • Year-to-year sales comparison statistics: building sales down, dollar volumes up, prices generally up

To read the report, click here.

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