B.C. housing market supply ‘historically low,’ could increase with rising mortgage rates
The province’s housing market is at a “historically low supply,” according to the B.C. Real Estate Association. According to the association, active residential listings were down nearly 40 per cent year-over-year for October, continuing a five-month downward trend. A total of 9,593 residential unit sales were recorded in October, a drop of 13.7 per cent