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Update: December 14, Strongest November Sales on Record!

The British Columbia Real Estate Association (BCREA) has reported that:
Residential unit sales in November 2020, increased by about 42 % compared to the same month in 2019, and the average residential home price raised by about 9 % compared to November 2019.


According to the BCREA Chief Economist, Brendon Ogmundson, home sales were unseasonably strong in November with several markets setting records for the month, with demand for the home continues to be strong, and the supply of listings reached near-record lows in several regions of the province, causing home prices rising sharply.






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