Residential sales activity in the Chilliwack region slowed in the fourth quarter of 2022 compared to the fourth quarter of 2021.
Residential property sales numbered 416 units in the fourth quarter of 2022, down significantly compared to the same quarter in 2021.
Sales slowed 60.6% for single detached homes, were down 52.1% for townhouse and row units, and were down 43.4% for apartment units compared to a year earlier in the fourth quarter.
Annually, residential property sales numbered 3,088 units in all of 2022. This was up 10.8% compared to the 2,786 units recorded in 2021.