![MLS Residential Sales MLS Residential Sales](https://s.realtyninja.com/static/media/med/7650_cbf3b64c_MLS_Residential_Sales.gif)
“Housing markets across the province staged a strong recovery in the second half of 2019,” said BCREA Chief Economist Brendon Ogmundson. “This sets up 2020 to be a much more typical year than what markets have experienced recently.”
A total of 5,218 MLS® residential unit sales were recorded across the province in December, up 48.9 per cent from December 2018. The average MLS® residential price in BC was $755,165, an increase of 8.7 per cent from December 2018. Total sales dollar volume was $3.9 billion, a 61.8 per cent increase year-over-year.
Total active residential listings were down 10.6 per cent to 24,691 units in December. Total inventory of homes for sale have declined more than 10 per cent on a year-over-year basis for two straight months.
![BC Real Estate Sales Figures BC Real Estate Sales Figures](https://s.realtyninja.com/static/media/med/7650_78014d34_Sales_Around_BC.png)
Source - BCREA