The British Columbia Real Estate Association (BCREA) reports that a total of 8,677 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October, an increase of 19.3 per cent from the same period last year. Total sales dollar volume was $6.25 billion, up 41.6 per cent from October ...
Continue ReadingCanadian housing starts decreased by 4 per cent in September to 217,118 units at a seasonally adjusted annual rate (SAAR). The six-month trend in Canadian housing starts also declined to 214,821 units SAAR.New home construction in BC rose 6 per cent on a monthly basis to 37,470 units SAAR but was ...
Continue ReadingAccording to Kootenay Real Estate Board’s July 2017 stats the average residential sale price in Nelson is $404,059. That is up approximately 6.8% over last year. The average number of days that a home is on the market before it sells is down from 76 days for the same time ...
Continue ReadingThe British Columbia Real Estate Association (BCREA) released its 2017 Second Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 10 per cent to 101,000 units this year, after reaching a record 112,209 units in 2016. Housing demand gained strength this spring, ...
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