Bryan Yu, The Business Examiner, Aug 30, 2021
BRITISH COLUMBIA – It is no secret that housing prices have surged across BC and throughout Canada. Since the onset of the pandemic, average MLS® home prices in Canada have increased 25 per cent with BC 23 per cent higher.
What is often missed, however, is a detailed perspective of urban area performance. MLS® data published by the Canadian Real Estate Association and local real estate boards is current and valuable to assess the current state of the market and resale inventories.