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Strongest October in 4 Years for Home Sales in BC

Friday Nov 15 2013

For Immediate Release the BC Real Estate Association has just posted that BC has had its strongest October in 4 years. Up 26.5% from October 2012, BCREA reports that a total of 6,673 residential sales have been recorded. This is really good news for Fall sales in BC as the average provincial price was $540,432 -making this year up 6.3% from last year.

Home sales are not slowing down for the fall market as the statistics show that sales are increasing, with the help of lower mortgage rates.

Here is what the comparisons are with the Okanagan Mainline compared to 2012:

 

 

Continue Reading more on statistics here.

“Before we knew it, signs were up, people were coming to view our units and offers of sales were being written up.” – No. 145 Cathedral Ventures Ltd.

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