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"Last month was the strongest January for BC home sales in five years," said Cameron Muir, BCREA Chief Economist. "However, consumer demand did edge down from December on a seasonally adjusted basis."
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MLS® residential sales in British Columbia are forecast to rise 2.4 per cent to 86,050 units this year and a further 3.9 per cent to 89,400 units in 2016. The ten-year average is 82,100 unit sales. A record 106,300 MLS® residential sales were recorded in 2005.
For the complete news release, including detailed statistics, click here.
My business grows by building strong client focused relationships. I would welcome the opportunity to answer any questions about the real estate market that you may have.
If you would like to find out how much your home is worth in today's market, to discuss listing your home or buying a new home, please contact me on (604) 781-5692 or via email - tim@timwray.ca