(Source: The Vancouver Sun)
B.C. led Canada in new monthly records for residential sales in October, according to a report released Monday by the Canadian Real Estate Association.
“Of all the provincial monthly gains, B.C.’s was the highest,” CREA chief economist Gregory Klump said in an interview. “B.C. had the most dramatic decline in sales activity last year [and] it’s also had the most dramatic rebound in recent months. They fell the furthest so they have the biggest ground to make up. And that’s what’s happening. It’s rebounded to a new all-time monthly record for sales activity.”
Read the full article Brian Mortan, “B.C. leads Canada in residential sales in October: report” in the Vancouver Sun (Nov 18, 2009).