And now the sun is shining, flowers are blooming and the market’s heating up!
. . .
“BC home sales have now risen for three consecutive months, but that recovery in sales has not been matched by listings which continue to fall well below normal levels.
As a result, average prices across the province are once again rising, recovering much of the decline since prices peaked early last year.” said BCREA Chief Economist Brendon Ogmundson.
Average home prices, while still down year-over-year, are rising on a monthly basis in most markets. The average price in BC has now risen for three consecutive months and is up over 9% since the start of 2023. – BCREA (May 11, 2023)
Give us a call – we’re here to help!
Jane – 250.898.1220
Grace – 250.897.8890
Check out the full May Newsletter and Market Updates here.
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