Real Estate Blog

✨MONTHLY MARKET UPDATE | JANUARY 2024✨

Posted on Feb 01, 2024

The Fraser Valley real estate market showed signs of recovery in January as home sales rose after six consecutive months of decline, and new listings more than doubled.

“With January sales on the rise, we are seeing hopeful signs that optimism is returning to the market,” said Narinder Bains, Chair of the Fraser Valley Real Estate Board. “Anticipat...

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✨MONTHLY MARKET UPDATE | DECEMBER 2023✨

Posted on Jan 01, 2024

Fraser Valley closes out 2023 with lowest annual sales recorded in 10 years

"Back-to-back mid-year interest rate hikes slowed the market despite strong sales and new listings in the spring," said Narinder Bains, Chair of the Fraser Valley Real Estate Board. "This left the market in overall balance for the latter half of the year, albeit at low level...

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✨MONTHLY MARKET UPDATE | NOVEMBER 2023✨

Posted on Dec 01, 2023

Home sales fall for fifth straight month in the Fraser Valley

"As we head into the holiday season, buyers and sellers are busy with other priorities and will likely continue to wait on the side-lines," said Narinder Bains, Chair of the Fraser Valley Real Estate Board, " We anticipate this holding pattern, defined by slow sales and declining new list...

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