{"id":897,"date":"2022-11-09T08:00:09","date_gmt":"2022-11-09T13:00:09","guid":{"rendered":"https:\/\/www.juliafreeman.ca\/blog\/?p=897"},"modified":"2023-03-28T14:50:54","modified_gmt":"2023-03-28T18:50:54","slug":"active-listings-plateau-across-bc","status":"publish","type":"post","link":"https:\/\/www.juliafreeman.ca\/blog\/2022\/11\/active-listings-plateau-across-bc\/","title":{"rendered":"Active Listings Plateau Across BC"},"content":{"rendered":"<p><a href=\"https:\/\/www.juliafreeman.ca\/blog\/2022\/11\/active-listings-plateau-across-bc\/sales-and-active-listing\/\" rel=\"attachment wp-att-898\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-898\" src=\"https:\/\/www.juliafreeman.ca\/blog\/wp-content\/uploads\/2023\/03\/Sales-and-Active-Listing-e1680025368873-300x225.png\" alt=\"\" width=\"333\" height=\"250\" srcset=\"https:\/\/www.juliafreeman.ca\/blog\/wp-content\/uploads\/2023\/03\/Sales-and-Active-Listing-e1680025368873-300x225.png 300w, https:\/\/www.juliafreeman.ca\/blog\/wp-content\/uploads\/2023\/03\/Sales-and-Active-Listing-e1680025368873-768x576.png 768w, https:\/\/www.juliafreeman.ca\/blog\/wp-content\/uploads\/2023\/03\/Sales-and-Active-Listing-e1680025368873.png 960w\" sizes=\"(max-width: 333px) 100vw, 333px\" \/><\/a><\/p>\n<p>The British Columbia Real Estate Association (BCREA) reports that a total of 5,242 residential unit sales were recorded by the Multiple Listing Service\u00ae (MLS\u00ae) in October 2022, a decrease of 45.5 per cent from October 2021. The average MLS\u00ae residential price in BC was $932,979, a 3.1 per cent decrease from $963,011 recorded in October 2021. Total sales dollar volume was $4.9 billion, a 47.2 per cent decline from the same time last year.<\/p>\n<p>\u201cSales activity remains slow across the province and inventories appear to be plateauing,\u201d said BCREA Chief Economist Brendon Ogmundson.\u00a0<strong>\u201cWhile prices have fallen from peak levels reached in early 2022, average prices have recently leveled off.\u201d<\/strong><\/p>\n<p><strong>Year-to-date, BC residential sales dollar volume was down 26.3 per cent from the same period in 2021 to $73.3 billion.<\/strong>\u00a0Residential unit sales were down 33 per cent to 72,824 units, while\u00a0<strong>the average MLS\u00ae residential price was up 10 per cent to $1.01 million.<\/strong><\/p>\n<p><strong>**It is important to emphasize that this is trend across the province as a whole is not reflected in many\/all Metro Vancouver neighbourhoods where inventory remains quite restricted**<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The British Columbia Real Estate Association (BCREA) reports that a total of 5,242 residential unit sales were recorded by the Multiple Listing Service\u00ae (MLS\u00ae) in October 2022, a decrease of &hellip; [<a href=\"https:\/\/www.juliafreeman.ca\/blog\/2022\/11\/active-listings-plateau-across-bc\/\">read more<\/a>]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/897"}],"collection":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/comments?post=897"}],"version-history":[{"count":3,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/897\/revisions"}],"predecessor-version":[{"id":942,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/897\/revisions\/942"}],"wp:attachment":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/media?parent=897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/categories?post=897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/tags?post=897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}