The B.C. Real Estate Association's latest housing forecast was released Tuesday and shows that while sales in 2020 did fall to "historic lows" in April, they have since rebounded to pre-pandemic levels and even puts the year on track to outdo 2019 sales.
Among the industries still grappling with the impacts of COVID-19 this year, the B.C. housing market is not one of them.
The Canadian real estate market dipped in April this year, amid the lockdowns and economic impacts brought about by COVID-19. Although the pandemic stopped what was predicted to be a strong spring 2020 market, transactions started to pick up around May and June.
The B.C. Real Estate Association’s latest housing forecast was released Tuesday and shows that while sales in 2020…