Residential sales across the province plunged to 68,923 units in 2008, the lowest level since 2000 when 54,179 transactions were posted, the association said.
The average home price in 2008 was $454,599, up 3.5 per cent from 2007.
Tuesday, January 13, 2009
House sales come tumbling down
The flood of grim economic news continued yesterday as the B.C. Real Estate Association reported that home sales tumbled 33 per cent last year.
