Housing Forecast Points to Market Stability in 2012
BCREA 2011 Fourth Quarter Housing Forecast
The British Columbia Real Estate Association (BCREA) released its 2011 Fourth Quarter Housing Forecast today.
“Moderate consumer demand combined with larger inventories of homes for sale means BC housing markets will experience little upward pressure on home prices through 2012,” added Muir. The average MLS® residential price in the province is estimated to rise 11.8 per cent to $564,600 this year, and is forecast to decline 2.5 per cent to $550,500 in 2012.
The full BCREA Housing Forecast: 4thQuarterHousingForecast-Nov2011.pdf
Buying or Selling Real Estate? Contact David Valente
Your Vancouver Real Estate Specialist.
DavidValente.com
604-377-6015
The British Columbia Real Estate Association (BCREA) released its 2011 Fourth Quarter Housing Forecast today.
“Moderate consumer demand combined with larger inventories of homes for sale means BC housing markets will experience little upward pressure on home prices through 2012,” added Muir. The average MLS® residential price in the province is estimated to rise 11.8 per cent to $564,600 this year, and is forecast to decline 2.5 per cent to $550,500 in 2012.
The full BCREA Housing Forecast: 4thQuarterHousingForecast-Nov2011.pdf
Buying or Selling Real Estate? Contact David Valente
Your Vancouver Real Estate Specialist.
DavidValente.com
604-377-6015