A year-end report published by the BC Northern Real Estate Board (BCNREB) on Jan. 5, 2024, indicates Northwest B.C. saw a fall in sales in 2023 compared to the previous year.
In Terrace, 271 properties worth $116.2 million were sold in 2023, compared to the sale of 277 properties worth $114.8 million in 2022. Though the number of properties sold fell compared to last year, the value increased due to a rise in house prices across the city and country.
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