set a new record for number of homes sold in 2021. The annual number of homes sold in British Columbia hit a new high in 2021, even with one month of data still to come in. Real Estate Association, the yearly sales total through to the end of November was 117,965 units, surpassing the previous record of 112,425 units sold in 2016. "We were setting records basically in every market of the province in terms of sales all through the spring. The record number of sales may seem to contradict reports of record low inventory, but Ogmundson says both can be true at the same time.

Source: CBC News December 16, 2021 04:38 UTC