BC home sales continue nosedive in September as buyers face 2 hurdles: BCREA

The correction sweeping through BC’s housing market showed no signs of ending last month, the latest numbers from the British Columbia Real Estate Association suggest. In September, 5,573 homes changed hands on the resale market, representing a decline of 33.2 percent compared to activity recorded 12 months prior. Meantime, the average price of a home, including both condos and houses, dropped 1.1 per cent from September 2017 to $685,749.

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