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Bryan Yu

Bryan Yu

BIV

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Data Points: B.C. employment sees soft expansion led by part-time work

Following the modest increases seen in previous months, B.C. employment expanded by a robust 23,400 people (0.8 per cent) in April with year-over-year...

yesterday 10

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Bryan Yu

Data Points: Lower Mainland housing sales near cyclical lows in peak season

Housing supply is on the rise in the Lower Mainland as more owners try to capitalize on what is normally the peak selling season, but is instead a...

15.05.2024 50

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Bryan Yu

Bryan Yu: B.C. retail sales outperform national average as visitor numbers rise

Consumer weakness looks to have extended through the first quarter, with retail spending in Canada declining for a second consecutive month in...

08.05.2024 40

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Bryan Yu

Bryan Yu: B.C. housing starts pick up pace as consumer price pressures ease

B.C. housing starts picked up again in March. On a seasonally adjusted annualized basis, urban starts increased to 58,670 in March. This marks an...

01.05.2024 20

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Bryan Yu

Bryan Yu: B.C. employment edges up as year-to-year exports decline sharply

Following a modest monthly increase, British Columbia’s workforce reported another mild expansion last month. The number of people employed in the...

17.04.2024 10

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Bryan Yu

Bryan Yu: B.C. business optimism improves a bit and payroll counts increase

Prospects of interest rate relief and waning fears of a recession supported an uptick in B.C. business optimism in March, according to the latest...

10.04.2024 10

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Bryan Yu

Data points: B.C. housing sales falter in February, retail sales start 2024 down

B.C.’s housing market performance faltered in February as home sales fell, retracing most of the gains made in the prior month. Seasonally adjusted...

03.04.2024 10

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Bryan Yu

Bryan Yu: B.C. housing starts rebound, manufacturing sales drop sharply

B.C. housing starts rebounded in February after a weak January. On a seasonally adjusted and annualized basis, starts rose to 44,437 last month. This...

27.03.2024 9

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Bryan Yu

Bryan Yu: B.C. employment slows, local home prices hold as market balances

B.C. employment growth slowed to a modest 0.2 per cent in February, following a January increase. Year over year, provincial employment increased by a...

20.03.2024 10

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Bryan Yu

Data points: B.C. retail sales show strength as U.S. monthly visitors drop off

Retail spending in Canada reported a surprisingly robust end to 2023. Seasonally adjusted retail sales rose 0.9 per cent from November to December to...

07.03.2024 5

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Bryan Yu

Data points: B.C. housing markets broadly balanced as starts drop off

B.C.’s housing market is gaining traction. MLS sales in the province rose to 6,054 units in January, up 4.5 per cent month-to-month, albeit...

28.02.2024 8

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Bryan Yu

B.C. rental crisis deepens as Vancouver rents soar, vacancies plummet

Like much of the country, B.C.’s rental market crisis deepened in 2023. The 2023 Canada Mortgage and Housing Corp. (CMHC) Rental Market Survey...

16.02.2024 9

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Bryan Yu

Data points: Latest payroll data points to increased slack in B.C. economy

B.C. employers reported a very slight decline in their non-farm payrolls in November. From the latest Survey of Employers, Payroll and Hours (SEPH),...

15.02.2024 4

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Bryan Yu

Data points: Latest payroll data points to increased slack in B.C. economy

B.C. employers reported a very slight decline in their non-farm payrolls in November. From the latest Survey of Employers, Payroll and Hours (SEPH),...

07.02.2024 10

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Bryan Yu

Data points: B.C. home sales report first gain in six months as retail sales slow

The housing market in B.C. ended 2023 with a surprise sales gain. Seasonally adjusted MLS sales rose for the first time since June 2023, with a...

01.02.2024 9

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Bryan Yu

Data points: B.C. goods exports finally grow as construction intentions cool

In November, growth in B.C.’s merchandise exports returned to positive territory, achieving a year-over-year gain of 2.5 per cent – the first...

24.01.2024 40

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Bryan Yu

Data points: B.C. hiring lags population growth and retail spending surprises

B.C.’s labour market caught an updraft to end the year after little change in both October and November. Total employment rose by 17,700 people (0.6...

17.01.2024 5

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Bryan Yu

Data points: B.C. consumers restrict unnecessary spending and non-farm payrolls decline

Retail spending in Canada gained traction in October following September’s increase. Seasonally adjusted retail sales rose 0.7 per cent...

16.01.2024 20

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Bryan Yu

Data points: Inflation in B.C. hits lowest level since June 2021

In October, the consumer price index (CPI) for B.C. decelerated to a year-over-year 2.7 per cent, from 3.3 per cent in September. It was the second...

06.12.2023 20

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Bryan Yu

Data points: Higher interest rates continue to dampen B.C. home sales

B.C. housing market activity cooled again in October as higher mortgage rates further strained affordability. MLS home sales fell 6.9 per cent...

29.11.2023 6

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Bryan Yu

Data points: Expect a chilly winter for real estate as prices stick and sales drop

Home values in B.C.’s Lower Mainland remained surprisingly resilient through October despite high mortgage rates. However, housing affordability...

16.11.2023 20

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Bryan Yu

Data points: B.C. hiring declines as non-resident visits hit highest level this year

B.C. employers saw a decrease in payrolls in August, marking a second consecutive monthly decline. From the latest Survey of Employers, Payroll and...

08.11.2023 8

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Bryan Yu

Data points: B.C.’s core CPI registers ninth consecutive monthly increase

B.C.’s rate of consumer price inflation decelerated in September. On a year-over-year basis, the consumer price index (CPI) had decreased to 3.3 per...

01.11.2023 6

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Bryan Yu

Data points: Home prices hold as B.C. housing market conditions slow down

B.C. housing market activity slumped again in September as higher interest rates continued to rein in demand. MLS home sales fell for the third...

27.10.2023 4

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Bryan Yu

Data points: Lower Mainland housing market conditions are rapidly cooling

The housing market faltered heading into the fall season as the latest round of interest rate hikes and higher fixed rates priced more buyers out of...

18.10.2023 7

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Bryan Yu

Data points: B.C.’s population growth rate hits highest level in nearly 30 years

B.C. may not be leading the country in population growth this year – that status has gone to Alberta. But like its peers across the country, the...

17.10.2023 3

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Bryan Yu

Data points: B.C. regions register major home sale declines as building permit volumes drop off

B.C. housing market activity cooled through in August. Higher interest rates curbed housing sales although resale price levels remained high. ...

29.09.2023 5

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Bryan Yu

Data points: Unlike in B.C., Greater Vancouver unemployment rose in August

The B.C. labour market saw a robust growth in employment in the month of August after five months of flat performance. On a seasonally adjusted basis,...

20.09.2023 5

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Bryan Yu

Data points: B.C. payroll counts climb as SME confidence continues to erode

B.C. employers recorded an increase in payroll counts in June, marking a third consecutive month of increases despite slowing economic growth. From...

13.09.2023 10

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Bryan Yu

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