B.C. Homebuyers Gain More Options as Prices Ease in March

British Columbia's home sales in March declined in price, transactions, and dollar volume amid a challenging economic environment. Sales dropped 3.6% year-over-year to 5,766 units, with the average home price falling 2% to just under $940,000. Dollar volume decreased 5.6% to $4.21 billion, and sales were 34.5% below the 10-year average. The first quarter saw a 13% drop in dollar volume to $12.7 billion.