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British Columbians Bullish on Home Prices but Concerned About HST Impact

October 5, 2009

Contact Hanson Lok at (778) 373-5041

Category Finance & Economy , Societal Issues, Foreign Affairs & Policy
Location Canada


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For more information, contact:
Hanson Lok at (778) 373-5041

Vancouver, BC – Boosted by a slowly improving economic outlook and positive momentum in home sales, half (52%) of British Columbians expect home prices in their local community to increase in the next year, up significantly from one-in-five (20%) who said the same in January. This represents a major shift in consumer sentiment towards BC’s housing market, exuding significant optimism as we move closer to 2010.