Would-be residents on a budget are going to find a tough time finding real estate in Northern BC.
Skyrocketing demand since the start of the year, combined with minimal inventory, is causing prices to soar.
Residential real estate prices in the North have jumped by 25 percent since the start of the pandemic.
According to the BC Northern Real Estate Board’s third quarter report, prices are even up compared to last quarter.
The relieving of the pandemic has caused sales figures to hit near record highs this year, on pace for the second most in a single year in the Board’s history.
Comments