to 10,247 in July.
New figures from the British Columbia Real Estate Association show that total sales dollar volume was $6.2 billion, up 33.9 per cent from a year earlier and the average MLS price rose 11 per cent to $608,294.
BCREA chief economist Cameron Muir says that consumer confidence is driving sales except in the northern-most parts of B.C., where the economy is more reliant on resources.
"Tighter market conditions are driving home prices higher as supply struggles to keep up with demand," he said.
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Higher consumer confidence has pushed home sales up by 20.7 per cent in