Real Estate Residential Sales update, January 2016

BC Real Estate's Cameron Muir reports December Smashes Home Sales Record and 2015 Enters Record Book.

“BC home sales breached the 100,000 unit threshold in 2015, and it was only the third time on record that this high watermark was achieved,”  announced Cameron Muir, BCREA Chief Economist.

Indeed, the average MLS® residential price in BC rose to $700,943 in December, up 19.7 year over date.

Note, the largest of those gains are once again, in the Vancouver/Fraser Valley area. In the Kamloops region, the market remained relatively stable with actual home sales down a bit. Watch Cameron Muir's 3 minute podcast HERE for subregional detail and charts.

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