The real estate market in Powell River was quite strong in 2014, on par with the provincial sales.
That’s the word from Neil Frost, president of the Powell RIver Sunshine Coast real estate board.
Frost noted the great volume in sales and that prices are stable.
Also, the first time buyers came mostly from our community with a lot of young folks and the not so young making their first home purchase.
Out of town buyers that are chosing to relocate their lives or invest in property made a substantial portion of the year’s volume.
coastfm news caught up with Frost…..
Frost sites that interest rates should stay where they are, also adding to the forecast of a strong 2015 in the real estate market.