The B.C. Real Estate Association is predicting a nearly 16 per cent uptick in sales in 2021 amid a rebounding in market listings since the start of the pandemic.

91裸聊视频淭he provincial housing market is set up for a very strong year,91裸聊视频� said BCREA chief economist Brendon Ogmundson in the release of the association91裸聊视频檚 first quarter housing forecast, released Jan. 25.

91裸聊视频淩ecord-low mortgage rates will continue to drive strong demand this year.91裸聊视频�

Overall, the province is predicted to see 108,680 units sold in 2021 91裸聊视频� up from 94,021 sales last year 91裸聊视频� before analysts expect a downturn in 2022 to just 98,850 units changing hands.

READ MORE:

Along with sales, the average price of homes is also predicted to rise, by nearly eight percent.

In the Fraser Valley, nearly 17 per cent, or 3,129 more units, are expected to change hands with increased sales in 2021.

A similar climb is predicted 91裸聊视频� at a nearly 22 per cent uptick in real estate sales 91裸聊视频� for Greater Vancouver this year.

sarah.grochowski@bpdigital.ca
Like us on and follow us on .

Want to support local journalism? Make a donation