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Wednesday, January 9, 2008

Northern B.C. real estate sales slip in 2007 following record year

VANCOUVER - Northern B.C. real estate sales last year fell 5.9 per cent below the record set in 2006 but the total value of all sales still hit a record $1.2 billion, the B.C. Northern Real Estate Board reported Friday.

The board said 6,639 Multiple Listing Service sales occurred last year, down from 7,055 in 2006 but still higher than the previous record of 6,344 sales in 2005.

The total value of 2007 sales was 13.6-per-cent higher than 2006 and 47-per-cent higher than 2005

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