Blog Post

Metro Vancouver housing is B.C.’s biggest industry

Andy Schildhorn • Dec 19, 2015

After crunching the numbers, it seems that housing now accounts for more than the GDP of the B.C. forestry, natural gas and mining industries combined. The numbers really put the scale of the housing market into perspective. Detached home sales currently total $24.9 billion, whereas the resource industries mentioned will total around $12.7 billion at year-end. […] The post Metro Vancouver housing is B.C.’s biggest industry appeared first on Andy Schildhorn, PREC.

After crunching the numbers, it seems that housing now accounts for more than the GDP of the B.C. forestry, natural gas and mining industries combined. The numbers really put the scale of the housing market into perspective. Detached home sales currently total $24.9 billion, whereas the resource industries mentioned will total around $12.7 billion at year-end.

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