B.C. home sales continue to slide in 2019, says BCREA
Home sales in B.C. were down 33 per cent in January, according to the British Columbia Real Estate Association, which blames the slump on the federal government’s mortgage stress test.
The BCREA reported Friday that a total of 3,546 residential sales were recorded by the Multiple Listing Service last month, a decline of 33.2 per cent from the same month last year.
The average price in the province was $665,590, a decline of 7.7 per cent from January 2018. Total sales was $2.36 billion
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