Jan 5/18 -Prince Rupert Had Strongest Real Estate Market in Northwest BC in 2017


Prince Rupert had the strongest real estate market among northwest communities in 2017, according to the year-end report released by the Northern Real Estate Board.

The board says 205 properties changed hands in the Coast City through the Multiple Listing Service last year — worth a total of 54.8-million dollars.

Both numbers are up slightly from 2016.

In Terrace, the market remained stable, with 239 properties changing hands in 2017 — the same number as in the previous year.

In Kitimat, 98 property sales were recorded, which is up slightly from 2016 — but the average price of a single-family home was down about 20 per cent.

In the Bulkley-Nechako region, Smithers, Houston and Burns Lake all recorded increased activity in 2017, and rising median house prices.