The Bank of Canada's campaign to quell inflation appears to have put the squeeze on Prince George's real estate market.
As well, most-recent year-to-date average sales price is down $2,150 from the figure reached by the end of the second quarter. "Despite this increase in listings, active listings remain well below balanced market levels due to the long running decline in listings since 2010," BCNREB says. "Other indicators like average price and days on market are trending towards a softer market, but still gradually.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Prince George real estate takes a tumbleAverage price for a single-family home drops nearly $14,600 quarter-over-quarter
Source: PGCitizen - 🏆 65. / 51 Read more »
Event to shine light on Prince George's growing life sciences sectorShowcase Series: Prince George 2022 follows on the opening of the Northern Centre for Clinical Research
Source: PGCitizen - 🏆 65. / 51 Read more »
Four Rivers Co-op taking over 10 Husky fuel stations in northern B.C.Vanderhoof-based company has no plans to open food store in Prince George
Source: PGCitizen - 🏆 65. / 51 Read more »
Peer support proven way to help unsheltered people in Prince GeorgeOne of the unique features about UNDU is that Katt Cadieux is constantly recruiting peer staff to work with her doing outreach on the streets of Prince George.
Source: PGCitizen - 🏆 65. / 51 Read more »
New Toronto area listings hit 20-year low in SeptemberThe lack of supply may be supporting home prices that fell 4.3 per cent annually last month, says real estate board
Source: TorontoStar - 🏆 60. / 55 Read more »