Employment Growth: B.C. Real Estate Association

B.C. Real Estate Association: So says the first quarter housing forecast update from the B.C. Real Estate Association which predicts that the province will see sales grow by 4.8 per cent in 2014, compared to 7.8 per cent last year, according to Huffington Post. A sluggish economy and weak employment growth are likely to stifle housing activity through the next few quarters of 2014, but the foresees an "upward trajectory" taking hold in the second half of the year and B.C.'s real estate market is set to see slower sales growth this year compared to 2013. The market may be seeing slower growth because last year represented a rebound year. The housing market is just now recovering from that downturn, the update said. (www.immigrantscanada.com). As reported in the news.