BC Housing Market Stabilizing In 2023

Vancouver, Vancouver Island, Kelowna

2023/01/31

In BC, the avg home price was ~$907K in Dec, ↓ 11.9% yearly. Canada's housing market is strong in 2023, with - Low rates - High demand Increased housing supply could improve affordability and sustain the market. Home resales are gradually stabilizing in most parts of the country.