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British Columbia's property values remain stable, with a slight drop seen in North Saanich.
British Columbia's latest property assessments, as of July 1, 2024, show relatively stable values, especially in major urban areas like Vancouver, Victoria, and Kelowna.
Most Lower Mainland communities saw changes of up to 3% from the previous year.
The District of North Saanich in Greater Victoria experienced a notable 5% drop in single-family home values.
Economist Thomas Davidoff warned that actual home values could be off by up to 10%, citing the impact of credit availability and global market changes on housing affordability.
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Los valores de propiedad de Columbia Británica permanecen estables, con una ligera caída observada en el norte de Saanich.