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Northern BC posts small decline in latest home sale figures

The Prince George-Cariboo region continues to buck the trend when it comes to home sales.

BC Real Estate Association Chief Economist, Cameron Muir says the region is still outpacing the rest of Northern BC.

“The Cariboo has done very well, those market sales are up and prices are quite buoyant where the northeast of the province is lagging in sales where we see price declines in some of those markets.”

7600 residential units were sold province-wide in BC last month which is a decline of 11% from the same time last year.

The average home price in Northern BC is $262,000 which is lower than Prince George’s average of just over $300,000 and the provincial mark of $585,000.

Unit sales in Northern BC also dipped 3.6% in September compared to the same time last year which is only a decline of 14 homes.

Something going on in the Prince George area you think people should know about?
Send us a news tip by emailing pgnews@vistaradio.ca.

Brendan Pawliw
Brendan Pawliw
Since moving to Prince George in 2015, Brendan has covered local sports including the WHL’s Prince George Cougars, Prince George Spruce Kings, UNBC Timberwolves, Cariboo Cougars AAA, and Northern Capitals U18 female hockey teams. Career highlights include play-by-play during the Spruce Kings' BCHL championship runs in 2018 and 2019, including the Doyle Cup win. He also covered the 2019 National Junior A Championship, the 2017 Telus Cup, the 2022 World Women’s Curling Championship, and the 2022 BC Summer Games. Brendan is the news voice on 94.3 The Goat and Country 97 FM, reporting on crime, real estate, labour, and environmental issues. Outside of work, he officiates box lacrosse and fastball, sits on the Prince George Sports Hall of Fame board, and co-hosts the Hockey North podcast.

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