Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Home sales in British Columbia surged 33.5% in October, buoyed by lower interest rates.

flag Home sales in British Columbia surged 33.5% in October 2024, with 7,119 residential units sold, compared to the same month last year. flag The total sales dollar volume hit $6.9 billion, a 33.8% increase, attributed to the Bank of Canada lowering its key interest rate from 5% in April to 3.75% in October. flag Despite the rise in sales, the average MLS price only increased by 0.3% to $970,845. flag In Greater Vancouver, the average home price fell 4.1% to $1,250,329, while unit sales rose 32.6%.

16 Articles

Further Reading