According to the British Columbia Real Estate Association(BCREA), Real Estate Confidence is improving

Acording to The BCREA magazine called "The Bulletin" Home ownership perception has changed. This adjustment in optimism that this May report suggests, may possible be the reflection in home sales that we have been seeing over the last couple of months. This report conducted by Mustel Group Market Research discovered the following.

1) 4 out of 10 British Columbians plan or hope to purchase a home in the next 5 years.

2) 44% of Purchasers who are aware of the PTT (Property Transfer Tax) said that it played a role in their purchasing decisions.

3) 50% of home owners were more likely to "Green" their homes than last year at the same time.

These and other factors have caused home ownership perceptions to change. These changes in optimism that this report has uncovered may possible be the reflection in home sales that we have been experiencing over the last couple of months.

To Read more: www.qualityoflife.bcrea.bc.ca/research.htm.