BC Home Sales Continue at Slower Pace in September
Vancouver, BC – October 11, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 5,573 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in September, a 33.2 per cent decrease from the same month last year. The average MLS® residential price in BC was $685,749, down 1.1 per cent from September 2017. Total sales dollar volume was $3.8 billion, a 34 per cent decline from September 2017.
“BC home sales continue at a slower pace compared to last year,” said Cameron Muir, BCREA Chief Economist. “The impact on affordability and purchasing power caused by the mortgage stress test and moderately higher interest rates are negating the effect of the extraordinarily strong performance of BC’s economy over the last five years.”
Year-to-date, BC residential sales dollar volume was down 21.3 per cent to $45 billion, compared with the same period in 2017. Residential unit sales decreased 22.5 per cent to 63,251 units, while the average MLS® residential price was up 1.5 per cent to $716,096.
Archive for October, 2018
BC Home Sales Continue at Slower Pace in September
Friday, October 19th, 2018Kamloops This Week Open House
Friday, October 19th, 2018OCTOBER 20th KAMLOOPS OPEN HOUSE: 4-726 DUNROBIN DRIVE/ ABERDEEN/ 11:30 ~1:00 p.m /3 Bedroom 3 Bath Townhouse with Stunning View & Great Layout / $325,000
3 Bedroom 3 bath level entry Aberdeen townhouse with city, river & valley views. Well-kept one owner home. Great open floor plan and lots of natural light throughout. The main level is sporting foyer, leading to the bright, cheery living room, dining room & kitchen with solid oak cabinets. Master suite with a 4pc master ensuite on the view side of home to take in city views. 2-piece powder room and off living room there is a great-sized patio with spectacular views, perfect for entertaining. Lower level highlighted with daylight walk-out basement and 2 bedrooms, a massive family room, utility/laundry room with good storage space, & a 4pc bathroom. Enjoy privacy on the patio off basement. Strata fee of $225/mo. No rentals allowed (a roommate is ok) & one small pet allowed. One garage with a natural gas heater & an additional assigned parking spot (#4). Natural gas BBQ hookup. All measurements are approximate and to be verified by Buyer.
OCTOBER 20th KAMLOOPS OPEN HOUSE: 6 WHITESHIELD CRES. S/ SAHALI / 1:30 ~ 3 p.m/ 4 Bedroom 4 Bath Single Family Home with great privacy (Backing onto Green space) / $534,900
Great sized 4 bedroom 4 bathroom Sahali family home with privacy in a sought after neighborhood. Close to all amenities including shopping, schools (Minutes walk to South Sahali elementary), TRU & transportation. Level entry living – even laundry- with fully finished basement. Main level highlighted with massive living room with electric fireplace, huge master suite with tastefully upgraded ensuite, dining room through kitchen, two more good-sized bedrooms and 4 piece main bath with infloor heating, kitchen with pantry. Lower level features great-sized Rec room with gas fireplace, 2 piece powder room, another master suite with 3-piece ensuite with infloor heating. Upgraded electrical to 125 amp. Roughed in plumbing for 2nd kitchen & wired for washer/Dryer. Central Vac. One car garage & Workshop. Electrical for hottub. Great, peaceful entertainment space in the back: backing onto green space. Natural gas hookup for BBQ. All measurements are approximate and to be verified by Buyer.