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BC Stats Infoline

Edition: August 15, 2016

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Infoline Highlights: Coverage for the week of August 8-12

Price of New Housing - The cost of new housing in B.C.’s two biggest cities continued to climb in June.
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Housing Starts -Housing starts in B.C.’s urban centres (10,000+ population) were down 14.5% (seasonally adjusted annual rate) in July, joining a Canada-wide slowdown (-9.9%) in the number of housing starts.
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Building Permits - The value of building permits issued in British Columbia declined 11.5% (seasonally adjusted) in June.
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  • New housing prices in Vancouver (+5.2%) and Victoria (+2.8%) were higher in June than in same month last year.

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Did You Know

18% of British Columbians aged 13+ have downloaded and played Pokémon GO. Of those, 40% say it’s “taking over their life”, and many say they’ve skipped day-to-day activities (32%) or missed school or work (12%) to play.  

Source: Ipsos Canada

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 Headlines

  • The cost of new houses has risen in Vancouver and Victoria, even though land values remain the same.
  • Housing starts in Canada are down 14.5%.
  • The number of new building permits issued across Canada slowed 5.5% in June.
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Released last week by BC Stats

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