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BC Stats Infoline
Edition: December 17, 2018
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Infoline Highlights: Coverage for the week of December 10-14
Price of New Housing - The cost of new housing in the province’s three largest cities was higher in October than in the same month last year. The 1.1% increase in Victoria was mostly the result of a climb in housing prices (+1.3%), but land value (+0.6%) was also higher.
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Household Spending - Spending by households in British Columbia averaged $71,001 in 2017, slightly more than the national average of $63,723. Alberta ($72,957) was the only province where household expenditures were higher than those in B.C.
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Building Permits - The value of building permits increased 3.0% (seasonally adjusted) in October from the previous month. An increase in permits for residential (+14.5%) buildings offset decreases in industrial (‑27.2%), commercial (‑24.7%), and institutional (‑14.2%) projects.
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@BCStats on Twitter
- The value of building permits in B.C. rose 3.0% in October from September, partly due to an increase in the value of residential building permits (14.5%).
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Current Surveys
- Baccalaureate Graduates Survey
- BC Hydro Workforce Profile Survey
- BC Public Service Exit Survey
- BC Public Service New Job Survey
- Canada-BC Job Grant Outcomes Survey
- FrontCounter BC Customer Satisfaction Survey
- Long Term Disability (LTD) Application Process Survey
You can read more about any of these by visiting our Current and Recent Surveys page.
Did You Know
There are over 1.7 million residential properties in B.C., with 9.8% of these owned by non-individuals (businesses, non-profits, governments). The non-individual-owned residential properties are most likely to be vacant lots (53.2%) or condos (18.3%), and one in four are located in Metro Vancouver.
Source: Statistics Canada
Headlines
- The price of new housing in Vancouver, Victoria and Kelowna was higher in October than it was in October 2017.
- B.C.'s household spending in 2017 was the second highest in Canada.
- B.C.'s building permits rose in value in October over the month before.
Released last week by BC Stats
- No releases
This week
- Consumer Price Index (CPI)
- Population Highlights