B.C. Real Estate Association BCREA: Housing Market

Multiple Listing Service MLS Dept: In its first quarter housing market forecast released Wednesday, the B.C. Real Estate Association BCREA says housing sales in B.C. on the Multiple Listing Service MLS are expected to pick up by 5.6 per cent in 2013, according to CTV. The slight jump in sales predicted this year is expected to add up to just over 71,000 properties sold across the province and modest price drops and tempered buyer expectations are expected to stir up some movement in B.C. s stagnating real estate market this year, according to an industry forecast released Wednesday. It wouldn t be enough to make up for the 12 per cent sales drop seen across B.C. in 2012 but would at least mean buyers will be getting off the sidelines and jumping into the market again. (www.immigrantscanada.com). As reported in the news.