Demand for single-family homes may be waning in the nation's Pacific province. It's true that real estate sales in British Columbia were significantly up this year from 2019 -- up by more than 43%; however, deals this past September came in at 11,368, which is 2.8% lower. British Columbia Real Estate Association's (BCREA) chief economist believes this drop could mean that pent-up demand is beginning to show signs of waning, even though the job market and sales are still showing strength.
Keeping safe during a British Columbia winter
It's that time of year again. Colder weather brings snow, ice and other road dangers that you need to remain aware of as you drive British Columbia's roadways.
Is signing up for a pre-existing condo a good real estate move?
Property has always been a wise investment. In British Columbia, however, there may be better times to purchase real estate. Some people have gotten on the bandwagon to purchase pre-sale condos, which have gained popularity over the last few years. But in light of the current situation economically, is now a good time to buy a pre-sale condo?