Prince George Real Estate Market Fluctuations in 2022

Vancouver, Vancouver Island, Kelowna

2023/01/25

Prince George home sale price averaged ~$525K in 2022. Prices ↑5% due to high demand. Economic uncertainty led to a ↓12% in sales. Lack of inventory created a competitive market with a ↓20% in available houses. The market is expected to recover in the coming year with a predicted ↑5% in population and job growth.