BC Home Sales to Rise in 2013: BCREA 2012 Third Quarter Housing Forecast Update
Vancouver, BC – August 30, 2012. The British Columbia Real Estate Association (BCREA) released its 2012 Third Quarter Housing Forecast Update today.
BC Multiple Listing Service® (MLS®) residential sales are forecast to edge down 4 per cent to 73,400 units this year, before increasing 7.5 per cent to 78,900 units in 2013. Since 2009, MLS® residential sales in BC have ranged between 74,000 to 78,000 units. A record 106,300 MLS® residential sales were recorded in 2005.
“Despite more robust consumer demand in the Interior, fewer home sales in Vancouver will pull the BC total lower this year,” said Cameron Muir, BCREA Chief Economist. “However, a notable growth trend in full-time employment combined with persistently low mortgage interest rates is expected to boost housing demand around the province in 2013.”
This attractive Aberdeen home is close to all amenities. You’ll appreciate the view from the bright open dining/living room. The spacious master has 3 piece ensuite & walk in closet. The kitchen features ample cabinets, large pantry & breakfast nook & there’s access to the covered deck from master & kitchen. The yard is private, great for entertaining with another big deck. Downstairs is 3rd bedroom, 3rd bathroom & cozy rec room with gas fireplace & there’s a hobby room/office off the oversized double garage. And its all topped off with a new roof! Note: ceiling damage in living room will be repaired by seller.
Updated Westsyde home in a great area. This home sits on large flat, fenced lot with drive thru access and room for a detached shop or pool. Recent updates include hardiboard siding, low-e windows on the main, new fence, 125 amp panel, updated bathrooms, flooring, paint, light fixtures and exterior doors. Spacious, bright kitchen, custom blinds throughout with lifetime warranty. There are 2 bedrooms on the main but could be converted back to a 3 bedroom configuration. Covered patio in the yard, large workshop/shed, u/g sprinklers, separate basement entry with suite potential.
Great family home with tons of potential. Located across the street from Little Heffley Lake with water views. 2 large bedrooms on the main floor and 2 bedrooms down (including 1 or 2 bedroom inlaw suite). The main floor has a spacious living room, kitchen with dining room and a large family room off of the kitchen. The family room could be converted to a den/bedroom and family room. There is a newer pellet stove 2006 in the rec room and h/w tank 2009. There is a 2 car attached garage and potential for a detached shop on the property as well. The yard is fully fenced and flat. This home does require some updating as reflected in the price (flooring). View our pre-listing home inspection for further details. Huge covered deck, on the school bus route and tons of trails to explore nearby. 15 minute drive to Sun Peaks and 25 minutes to Kamloops. Great opportunity to get into a single family home at a great price.