COVID-19 pandemic, according to new data from the B.C. Real Estate Association.The organization released data on the 2020 market Wednesday showing significant growth in both sales and in prices.
Record-shattering December for real estate sales in the Fraser Valley Nearly 94,000 homes sold last year, a jump of 21.5 per cent over 2019, it said.
The average price for the year across all home types was over $782,000, up 11.7 per cent year over year.“We’ve really been, market by market, seeing record home sales since about the summer, and that momentum looks like it’s going to continue into 2021,” BCREA chief economist Brendon Ogmundson told Global News.“In a year when we have a global pandemic and one of the worst recessions in Canadian.