Prince George home sales buck Provincial trend

While house sales in the Province tumbled 18.9% year over year, marking a six-year low for home sales, sales increased in the Prince George region by 2.6% year over year.

The average sales price in the city has increased by 4.1% year over year and on a 12-month rolling average we are up 6.2% to an average home price of $317,740.

While in larger centers with higher average home prices the tightening federal mortgage rules have limited prospective buyers purchasing power, the affordability that we have in Prince George means we are not impacted as hard. 

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