Posted by & filed under BC Real Estate Update, Prestigious, Victoria Real Estate Update.

British Columbia (BC) has had some very good years in the local Real Estate Market. BC has so much to offer as a province. Not only is BC hosting the 2010 Olympic Games it has one of the best economies in Canada.The natural beauty of British Columbia can not be compared in many places in the world. So what it the British Columbia Real Estate market doing. A recent article by British Columbia Real Estate Association (BCREA) reads.

BC Home Sales Edge Down

British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC climbed 8.8 per cent to $2.25 billion in January, compared to the same month last year. Residential unit sales dipped 5 per cent to 4,949 units during the same period. The average MLS® residential price in the province reached $453,648 in January, up 14.5 per cent from January 2007.   

“BC home sales edged down in January for the first time in nine months,

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