B.C. Housing Market Expected to Withstand Potential Rate Hikes, Says Industry Association
The report from Business in Vancouver suggests that the British Columbia housing market is expected to remain resilient in the face of potential interest rate increases. The industry association expresses confidence in the market’s ability to withstand rate hikes, likely due to a combination of strong local economic factors, steady population growth, and a limited supply of housing. Despite the potential challenges posed by rate hikes, the B.C. housing market is projected to remain steady.