Residential housing sales for Northern BC remained stable through 2017

Residential housing sales for Northern BC remained stable through 2017.

Overall across the north, housing prices saw a four percent increase from $259,331 in 2016, to over $262,492 last year.

“Right now when we look across the north the activity in the oil and gas sector is not to the degree it was a few years ago, so that has an impact on overall employment levels and driving people to move there, so I see more stability than any significant growth in 2018.”Chief Economist Cameron Muir

Residential unit sales for BC in 2017 saw a decline of 7.5 percent compared to 2016.