BC’s housing market is starting to turn a corner
The declining trend of home sales in British Columbia is expected to end in 2019 with a modest climb in forecasted sales, although conditions will remain subdued.
The British Columbia Real Estate Association expects MLS residential sales in the province to gain 2% in 2019 to 80,000 units, up from 78,345 in 2018.
By 2020, the forecast is 85,500 units, a 6.9% increase to take sales just above the 10-year average of 85,800 units.
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