The assessed value of properties in B.C. has stabilized on average, with some outliers such as Lytton, Haida Gwaii and Tumbler Ridge recording big jumps in worth.
According to statements released Tuesday by the B.C. Assessment Authority, property values as of July 1, 2023, changed on average between minus 10 per cent and plus five per cent.
Click the link below to view the monthly market statistics for your area in an easy to understand infographic. Listings, sales and prices are summarized for condos, townhomes and single-family homes in cities across BC. For more up-to-date market information please visit macrealty.com/blog
More than 40 fun and fantastic things to do in Vancouver in February
A brand-new month means new events to discover in Vancouver!
Fill your February with these 48 things to do around the city and beyond, including FAN EXPO Vancouver, Black History Month, and Valentine’s Day activities.
B.C. Real Estate News
LOWER MAINLAND
Vancouver home sales rise in January as demand outpaces newly listed properties (Toronto Star)
Greater Vancouver Real Estate Market Off To “Strong” Start In 2024 (Storeys)
Metro Vancouver ‘toughest’ rental market in Canada, says CMHC (Business in Vancouver)
Signs of stability in Fraser Valley housing market (Financial Post)
VICTORIA AND VANCOUVER ISLAND
Real estate sales up from last year’s ‘very low numbers’ (Times Colonist)
OKANAGAN
Sales and prices up in Kamloops, Okanagan real estate markets (iNFOnews)
Spring real estate trends arrive early as number of home sales jump in January (Castanet)
BRITISH COLUMBIA
British Columbia’s population to reach nearly 8 million by 2046: forecast (DailyHive)
CANADA
Federal government extends foreign buyer ban on Canadian homes to 2027 (Vancouver Sun)
Metro Vancouver Presale Market Will Likely See ‘Marked Improvement’ In 2024 (Storeys)