B.C. home sales slide almost 10 per cent in March despite mortgage rate drop
- Home sales in British Columbia fell by almost 10% in March compared to last year, with 6,460 residential unit sales last month.
- The decline in home sales was impacted by buyers waiting for lower interest rates, according to B.C. Real Estate Association's chief economist Brendon Ogmundson.
- Despite a 6.5% increase in average home price to $1.02 million, the overall dollar volume of home sales decreased by 3.6% to $6.6 billion.
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Total News Sources0
Leaning Left5Leaning Right2Center5Last Updated13 days agoBias Distribution42% Left, 42% Center
Bias Distribution
- 42% of the sources lean Left, 42% of the sources are Center
42% Left
L 42%
C 41%
R 17%
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