The news is good and prices are up slightly in all our areas year over year for everything except townhomes.
The market forecast is balanced throughout 2014 with a slight increase in prices. Interest rates are stable and forecast to increase slightly over 2014.
Bottom line 2014 is looking like a balance year and a great time to buy or sell.
Housing Market Update (December 2013)
Watch BCREA Chief Economist Cameron Muir discuss the November 2013 statistics