As 2013 wraps up, it's been another solid year for BC real estate. Most areas of the province saw a strong, stable market as both prices and sales look to surpass those of 2012, albeit only slightly. In fact, 2013 was pretty much the polar opposite of 2012 as the year started slowly before finishing strong. For most markets, the years' numbers were actually behind those of 2012 before a strong August pushed the year-to-date figures ahead of last years' pace.
The forecast is for another strong, stable year in the real estate market for 2014. That's good news for both buyers and sellers. The value of sellers' homes is expected to maintain their value while buyers will have time to find an appropriate property without the pressure of multiple offers.
*Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission to prior sale or lease, change in price or terms, and withdrawal without notice.