Population down, housing demand up
PRINCE GEORGE – The latest report from the Chartered Accountants of BC is showing a greater demand for housing in 2020 over 2016, despite a decrease in population. But the population decrease can be attributed to the COVID pandemic, as no one was moving anywhere.
But Stan Mitchell with KPMG says there’s another phenomenon.
“What the numbers show right across BC is that we’re negative in what is called “natural growth.” More people are dying than people who are being born.”
