BC real estate market sets record pace

By The Canadian Press
May 13, 2016 - 12:09pm

VANCOUVER — The British Columbia Real Estate Association says the number of homes sold in the province was up 30 per cent last month over April of last year.

It says a record 12,969 homes were sold across the province while $9.64 billion changed hands, up more than 50 per cent.

The real estate association reports the average price of a home in B.C. neared $744 thousand last month, a 17 per cent hike in one year.

It credits exceptionally strong housing demand across southern B.C. as well as strong employment growth.

Missing B.C. kids’ Facebook photos show smiles but mom calls them ‘propaganda’

Join the Discussion

We are happy to provide a forum for commenting and discussion. Please respect and abide by the house rules: Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards. See full commenting rules.