Sales were also 38 per cent below the 10-year December average
High interest rates will hold back shoppers in other parts of the country
Home prices slowly beginning to improve, but overall affordability still down
Composite benchmark price for Metro Vancouver sat at $1,148,900
September sales were down 3.9 per cent compared with August
Last month’s sales were almost 36 per cent below the 10-year September sales average
National average home price reached a peak of $839,600 in February 2022
Drops attributed to pressures tied to Bank of Canada’s continued hikes to its key interest rate.
Drop in sales came as the number of newly listed homes fell 5.5 per cent on a month-over-month basis
Vanderhoof company wins awards for work they are doing in Fort St. James
More diversity in supply desperately needed to drive market, says real estate board president
The seasonally adjusted annual rate of housing starts fell 1.5% to 282,070 units in June compared to 286,296 in May
$1.063 million bought the typical single-family home in region’s core in June
Canadian Real Estate Association predicting 2021 will see transactions rise 23.8 per cent
She’s new to Sooke, but well acquainted with the Vancouver Island real estate market
Real estate board president Sandi-Jo Ayers talks about pent-up spring demand, low inventory
