B.C. housing prices to drop roughly 5% in 2023, real estate association predicts

British Columbia’s housing market is unlikely to bounce back to the record-breaking days of 2021 anytime soon, according to the latest forecast from the B.C. Real Estate Association. The BCREA predicts a residential sales slump of 34.4 per cent on the Multiple Listing Service from last year to the end of this year and an…