After record-breaking streak, BC home sales expected to dip in 2018
British Columbia Real Estate Association | January 12, 2018
For a third consecutive year, BC home sales exceeded 100,000 units in 2017 the longest series of annual sales totals of that magnitude on record, says the British Columbia Real Estate Association (BCREA). But the organization says that this trend won’t hold up in 2018. According to BCREA Chief Economist Cameron Muir, home sales are expected to drop this year thanks to a variety of headwinds.