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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Saturday, July 15, 2017

BC sales down almost 10% but remain above long-term average

There was a 9.6% drop in home sales in British Columbia last month compared to June 2016 but the 11,671 units sold is still above long-term averages.

"Although home sales remain well off the record pace set last year, demand is still quite robust," said Brendon Ogmundson, BCREA Economist. "That demand is supported by a strong provincial economy and vigorous job growth."

He added that supply issues remain the largest challenge for the provincial housing market with total listings down 6.2% year-over-year to 29,651 units.

That is pushing prices higher and the average price was up 4.4% year-over-year to $725,778.

Year-to-date sales were down 18.6% compared to the same period of 2016 while prices were up 3.8% to $712,993.

MBN

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