- The average house sale price was $459,758 in August, 2021. There was an increase compared to last August when there was an average house sale price of $403,874.
Single-family homes sold for an average $455,842 in Prince George during the first half of the year, according to figures issued Friday by the B.C. Real Estate Board.
The amount represents a $65,857 jump over the average sale price for the same period last year.
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BC Northern Real Estate is up 22%. Here is a link to a pdf report on the most recent stats: Click Here
Aggressive sellers market all over BC. If you or someone you know is thinking of selling and would first like to start with a Market Valuation give me a call. Cheers!
I took a hour break this afternoon just to sit by the river with my drone. Turn on your volume as the ice flow today in the sun was super relaxing. In the summer hundred of people float down the Nechako on summer days.
or Here is link to YouTube video - Click Here
#DeanBirks #StressLessRealEstate #IceFlows #RiverIce #NechakoRiver #CityofPG #PrinceGeorgeBritishColumbia
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PRESS HERE for a full report from the City of Prince George.
Prince George’s Mayor Lyn Hall says the West Coast Olefins (WCO) decision to move its $5.6-billion petrochemical plant project back within city limits is an opportunity for the northern capital.
“It’s a big opportunity for us to take a look at really what this means to our community not only from a tax base perspective, but from an employment perspective, and what that means for our labour force,” says Hall in an interview with PrinceGeorgeMatters.
Last night (Dec. 15), WCO President and CEO Ken James announced the return of the project to Prince George where it was originally planned in the BCR Industrial area.
Click Here for full report.
Today, Prince George is a city of in excess of 90,000 people and is the largest city in central British Columbia. It is a community with assets that include a university and college, affordable housing, well-paying jobs, and comprehensive transportation infrastructure. Prince George's highways and railways, in particular, are complemented by an international airport and these vital transportation links connect local residents and businesses, resources (primarily forest products energy, minerals and metals), and agricultural products to markets around the world.
Prince George offers unparalleled access to outdoor recreation that contributes to the city's high quality of life and standards of living. The Fraser and Nechako rivers are focal points of an extensive park and trail system and there are more than 100 parks and green spaces that comprise an area about five times the size of Vancouver's Stanley Park. Other attractions include five ski hills within a two-hour drive from the city and...
“Very strong provincial home sales continued in August,” said BCREA Chief Economist Brendon Ogmundson. “While pentup demand from the spring is driving much of the increase, we anticipate a sustained strong level of sales through the fall.”
CLICK HERE for full report
August 27, 2020 // Franchising.com // Prince George, B.C. - Hyatt Place Prince George, the first Hyatt Place branded hotel in northern British Columbia, is officially open, expanding the Hyatt Place brand’s footprint globally in markets that matter most to guests and World of Hyatt members. The new, five-story hotel features the Hyatt Place brand’s intuitive design, casual atmosphere and practical amenities, such as free Wi-Fi and 24-hour food offerings. The hotel is owned and operated by Mundi Hotel Enterprises, Inc.
Because Hyatt’s efforts are grounded in listening and fueled by care, Hyatt Place hotels combine style, innovation and 24/7 conveniences to create an easy-to-navigate experience for today’s multitasking traveler. The hotel’s downtown location is within fifteen minutes of the airport, and is steps of government offices, dozens of restaurants and the Prince George Conference and Civic Centre. Nearby attractions include Rolling Mix Arena;...
The BCREA Economics team has created the COVID-19 Reopening Dashboard to help REALTORS® monitor the evolution of the BC economy as the province gradually reopens. This dashboard focuses on the sectors and activities that have been most significantly impacted by the pandemic and the province's subsequent state of emergency.
To monitor the province's progress toward a "new normal," we benchmark each indicator to February 2020, the month before the pandemic was declared. This dashboard will be updated each month.
Northern British Columbia is on the cusp of a massive transformation, says Ken James, president and CEO of West Coast Olefins Ltd.
James, who has spent his career traveling the world working in the energy sector, believes the next big thing in energy is right in his backyard in Prince George.
“Typically, these projects are driven by cheap feedstock,” said James. “What has happened in the last decade is the cheapest feedstock is actually in North America. And the cheapest in Western Canada and B.C. is on the doorstep to the biggest and fastest-growing markets in Asia.”
Click Here to see the full article.
Vancouver, BC – August 13, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 10,090 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July 2020, an increase of 26.6 per cent from July 2019. The average MLS® residential price in BC was $770,810, a 12.9 per cent increase from $682,702 recorded the previous year. Total sales dollar volume in July was $7.8 billion, a 43 per cent increase over 2019
Click Here for pdf full information.
Although listings activity has normalized along with sales, active listings are still down close to 20 per cent year-over-year and, as a result, many markets are seeing upward pressure on prices.
Press Here to download and view the full report (.pdf file)
As a result, total MLS® unit sales in the region covered by the BC Northern Real Estate Board fell by 30 per cent in the second quarter year-over-year. Despite the pullback in demand, prices increased by two per cent year-over-year due to an 18 per cent year-over-year decline in active listings as potential sellers put off listing their properties. At the end of the second quarter, the MLS® average price was $329,364.
Click Here is full article from PG Daily News
“With the PTD program, the province pays the property tax on behalf of the senior directly to the local government. The senior homeowner does not need to pay back the money to the province until the property is sold,” said Mackenzie.
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