Sales Trend Slightly Lower in August
Posted on Sep 13, 2023 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 6,608 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in August 2023, an increase of 15.7 per cent from August 2022. The average MLS® residential price in BC was $958,424, up 5.2 per cent compared to August 2022. The total sales dollar volu...
Bank of Canada Upends Summer Sales Recovery
Posted on Aug 10, 2023 in BC Real Estate Update
Strong Start to the Summer, But Higher Interest Rates Loom
Posted on Jul 13, 2023 in BC Real Estate Update
Strong Rebound for BC Home Sales in May
Posted on Jun 14, 2023 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 9,191 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in May 2023, an increase of 9.9 per cent from May 2022. The average MLS® residential price in BC was $1.02 million up 3 per cent compared to May 2022. The total sales dollar volume was...
Lack of Inventory Creating Tighter Market Conditions Across BC
Posted on May 13, 2023 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 7,427 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2023, a decrease of 17.7 per cent from April 2022. The average MLS® residential price in BC was 995,506 down 5.6 per cent compared to the average price of close to $1.1 million...
BC Markets Showing Signs of Recovery As Supply Remains Scarce
Posted on Apr 13, 2023 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 7,118 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in March 2023, a decrease of 38.3 per cent from March 2022. The average MLS® residential price in BC was 961,451 down 11.6 per cent compared to the average price of close to $1.1 million...