Impact of BC HOME Partnership Program – BCREA
Summary Findings:
• Our analysis indicates that the BC HOME Partnership program (HPP) contributed to an
annualized increase of 0.55 per cent to the market price of an apartment and an increase of
0.57 per cent to the market price of a townhouse in Metro Vancouver over the first threequarters
of 2017.
• The HPP either paid or approved a total 1,395 transactions as of September 2017. This
represented 1.7 per cent of total BC home sales and 0.9 per cent of the dollar volume.
• Approximately one-third of the HPP paid or approved transactions occurred in Metro Vancouver,
comprising 1.2 per cent of total home sales.
• Nearly all the HPP paid or approved transactions (96%) in Metro Vancouver were for apartments
or townhouses.
