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BC recreational property market still sleepy as it awaits rate cuts

Summary by Ground News
54 per cent of B.C. recreational property experts expect demand to increase once interest rates start to come down. The weighted median price of a single-family home in the province's recreational property market increased by 0.3 per cent in 2023 to $1,086,500 when compared to 2022.
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BIV News broke the news in on Wednesday, March 20, 2024.
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