Home sales and prices trending higher in B.C.

The B.C. Real Estate Association says home sales numbers are up and prices are rising across the province compared to this time last year.

"Most markets around the province are returning to a more typical level of sales activity," said BCREAchief economist Brendon Ogmundson. "That recovery in sales and slower listings activity is putting upward pressure on prices in many markets."

According to figures published by the BCREA, the number of units sold in October 2019 rose19.3 per cent from October 2018.

The average registered sales price across B.C. rose 5.1 per cent from a year ago to $724,045.

The BCREArepresents 23,000 B.C. realtors.