“After a frenzied start to the year, activity in BC housing markets has settled back to a level that is broadly in-line with long-run trends. In 2022, MLS® residential sales are forecast to pull back 15 per cent to 102,750 units. Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 29 per cent to 121,450 units this year, after recording 94,013 sales in 2020. BRITISH COLUMBIA – The British Columbia Real Estate Association (BCREA) released its 2021 Fourth Quarter Housing Forecast recently.
