I have had lots of questions about the market recently, so I decided to do another market breakdown for the B.C. Interior. The last one I did was in February.

I am not a cheerleader and I’m not going to tell you this is a great time to buy or to sell. I have noticed that no matter the market, many real estate articles written by people in the industry end with how it is great news, no matter what the news is. Sorry, you won’t find that here, I am just going to give you the facts. Draw your own conclusions.

The latest seven-day snapshot of the British Columbia real estate market shows a cooling trend, with inventory rising while buyer activity slows. The new listings-to-sales ratio climbed to 2.74:1, a signal the market is tilting further into buyer’s territory.

Current market breakdown (last week’s data is about delayed by seven days)

Total residential listings by price range:

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