At first blush, the latest Labour Force Survey (LFS) data release from Statistics Canada portrayed a relatively steady (if not stagnant) picture of employment last month. The total number of jobs in Canada grew ever so slightly between March and April (by 7,400), while the unemployment rate rose to 6.9%, up from 6.7% the previous month.
Heading into 2025, there was a general sense of optimism that the resale housing market in BC would make a recovery from what had been more than two years of suppressed transaction activity. Our own rennie outlook published in January forecasted annual home sales in the Vancouver Region to reach almost 50,000 this year, a 24% increase year-over-yea...
The pursuit of affordability in Seattle’s rental market has often required probing outside the urban cores. Submarkets like Federal Way, Kent, Everett, and Renton offered fewer amenities and longer commutes, but lower rents have made the trade-off worthwhile. For many renters, especially those who are younger or newly arrived, this served as a natu...
