{"id":1950,"date":"2016-05-13T11:11:50","date_gmt":"2016-05-13T18:11:50","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=1950"},"modified":"2016-05-13T09:07:04","modified_gmt":"2016-05-13T16:07:04","slug":"bc-home-sales-continue-to-smash-record-book","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2016\/05\/bc-home-sales-continue-to-smash-record-book\/","title":{"rendered":"BC Home Sales Continue to Smash Record Book"},"content":{"rendered":"<p style=\"text-align: justify;\">Vancouver, BC \u2013 May 13, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,969 residential unit sales were recorded by the Multiple Listing Service\u00ae (MLS\u00ae) in April, up 30.3% from the same month last year. Home sales last month beat March\u2019s record of 12,560 units. Total sales dollar volume was $9.64 billion in April, up 52.7% compared to the previous year. The average MLS\u00ae residential price in the province was up 17.2% year-over-year, to $743,640.<\/p>\n<p style=\"text-align: justify;\">\u201cHousing demand is exceptionally strong across the southern regions of the province,\u201d said Cameron Muir, BCREA Chief Economist. \u201cConsumers appear to be particularly active in the Vancouver Island, the Fraser Valley and the Thompson\/Okanagan regions.\u201c<\/p>\n<p style=\"text-align: justify;\">\u201cStrong employment growth is helping underpin consumer confidence,\u201d added Muir. The BC economy employed more than 78,000 additional workers during the first four months of the year, an increase of 3.5% compared to the same period last year.<\/p>\n<p style=\"text-align: justify;\">The year-to-date, BC residential sales dollar volume increased 64.3% to $31.2 billion, when compared with the same period in 2015. Residential unit sales climbed by 36.2% to 28,028 units, while the average MLS\u00ae residential price was up 20.6% to $761,860.<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0 <a href=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2016\/05\/BCREA.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1951\" src=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2016\/05\/BCREA-300x169.jpg\" alt=\"BCREA\" width=\"567\" height=\"319\" srcset=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2016\/05\/BCREA-300x169.jpg 300w, https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2016\/05\/BCREA-310x174.jpg 310w, https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2016\/05\/BCREA.jpg 397w\" sizes=\"auto, (max-width: 567px) 100vw, 567px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.bcrea.bc.ca\/docs\/news-2016\/2016-04.pdf\" target=\"_blank\">Click here<\/a> for the complete news release, including detailed statistics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vancouver, BC \u2013 May 13, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,969 residential unit sales were recorded by the Multiple Listing Service\u00ae (MLS\u00ae) in &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2016\/05\/bc-home-sales-continue-to-smash-record-book\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-1950","post","type-post","status-publish","format-standard","hentry","category-market-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BC Home Sales Continue to Smash Record Book &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2016\/05\/bc-home-sales-continue-to-smash-record-book\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"BC Home Sales Continue to Smash Record Book &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Vancouver, BC \u2013 May 13, 2016. 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