Property values released by B.C. Assessment
B.C Assessment’s valuation of homes across the province, which is based on what was happening in the real estate market as of July 1 this year, was released this morning.
“It’s a real mix in property value changes, but the market can best be summed up as showing signs of stability across most areas of the province,” said assessor Tina Ireland, in a press release. “Changes in property assessments really depend on where you live. For example, assessed values for detached single family homes in many areas of Metro Vancouver may see a softening in value, while other markets and areas of the province will see modest increases over last year’s values.”
Click the link below to view the monthly market statistics for your area in an easy to understand infographic. Listings, sales and prices are summarized for condos, townhomes and single family homes in cities across.
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B.C. experienced ‘mild provincial housing recession’ in 2018: credit union
A financial services institution is forecasting an ongoing slowdown in British Columbia’s housing market, one day after the Canadian Real Estate Association predicted home sales will continue to dip in the province next year.