15.2 C
Fort St. John
Sunday, September 22, 2019
9924 101 ave Fort St. John, B.C.
Home News Property sales dip during the '09 first quarter

Property sales dip during the '09 first quarter

House sales in Northern BC have dropped significantly in the first quarter of ’09, according to the BC Northern Real Estate board.

Sales have dropped 44 percent over the same period last year.

Fort St. John/Peace River Northern Real Estate Board Director Aaron Braaten says despite the dip, it’s a great time to purchase a house.

[asset|aid=1178|format=mp3player|formatter=asset_bonus|title=84dba74795610f2ffb798aa8a7deb266-Aaron Braaten 1_1_Pub.mp3]

He says the market gets worse when there is a level of inactivity of buying and selling.

Braaten encourages potential buyers to use interest rates as an indicator on when to buy a home.

[asset|aid=1179|format=mp3player|formatter=asset_bonus|title=84dba74795610f2ffb798aa8a7deb266-Aaron Braaten 2_1_Pub.mp3]

80 properties were sold in Fort St. John during the first quarter compared to 155 during the same time last year.

get the latest news in your inbox


Local Events

Must Read

Some facts and figures about the federal riding of Outremont

Outremont Tom Mulcair became the NDP's only Quebec MP when he won this Montreal riding in a 2007 byelection, the second person in party history to...