Predictions for Inflation and Interest Rates

We are just weeks out from the slowest year in British Columbia real estate in more than a decade. So long, 2023! Now all eyes turn to the year at hand: what exactly will happen in 2024? You want answers? We got answers!

BCREA Chief Economist Bredon Ogmundson sits down with Adam & Matt to not only detail his Vancouver real estate predictions for 2024 but also his take on the future of the BC economy, unemployment, inflation & interest rates over the coming year.

Do inventory levels rise alongside 2024 mortgage renewals? Do interest rate reductions lead to a big rebound in demand? And which markets does the BCREA Chief Economist bet on for 2024 appreciation? There is a reason Brendon has become our go-to guest at the start of any year. Tune in to find out why!