Home sales in B.C. rise in Oc­to­ber

The News (New Glasgow) - - CANADA -

VAN­COU­VER — Bri­tish Columbia’s hous­ing mar­ket con­tin­ues to power for­ward even though real es­tate ex­perts say fewer prop­er­ties are avail­able for sale.

The Bri­tish Columbia Real Es­tate As­so­ci­a­tion says there were 8,677 res­i­den­tial sales across the prov­ince in Oc­to­ber, a leap of 19.3 per cent over the same pe­riod last year.

The as­so­ci­a­tion says $6.25 bil­lion changed hands dur­ing last month’s trans­ac­tions, a 41.6 per cent in­crease over to­tal sales value recorded in Oc­to­ber 2016.

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