BC reports near-record sales in November

Home sales in British Columbia were the second strongest on record, the BC Real Estate Association has reported. There were 8,032 units sold in the month, up 34.5 per cent from the same month in 2014. In dollar terms there was a 56.4 per cent rise to $5.38 billion. The average MLS price of a home rose to $668,317, up 16.3 per cent year-over-year. The largest increase in consumer demand occurred in the Fraser Valley, where home sales climbed over 60 per cent from November 2014.

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