Blog by Barb Pasternak,

Blog by Barb Pasternak

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BC Housing Market Gains Momentum

"Upward momentum in consumer demand continued unabated in September,” said Cameron Muir, BCREA Chief Economist. “Low mortgage interest rates and renewed confidence in real estate assets has propelled BC home sales to a level not seen in two years.” September posted the highest number of BC MLS® residential sales for that month since September 2005, and the third highest ever recorded for the month of September.

For the complete news release, including detailed statistics, follow this link: www.bcrea.bc.ca/news_room/2009-09.pdf.