Jan Baxter - Blog

✨MONTHLY UPDATE | MARCH 2025✨

Posted on Apr 01, 2025

Tariffs, economic uncertainty stall spring market in the Fraser Valley

March home sales in the Fraser Valley remained nearly 50 per cent below the 10-year average — making for the slowest start to the spring market in more than 15 years.

“If not for the economic uncertainty driven largely by U.S. tariffs, we’d likely be seeing a typical strong spring...

✨MONTHLY UPDATE | FEBRUARY 2025✨

Posted on Mar 01, 2025

Buyers gaining upper hand in Fraser Valley real estate market

For the first time in four months, home sales in the Fraser Valley have increased as buyers capitalize on more selection and weakening prices.

The Fraser Valley Real Estate Board recorded 920 sales in February, up 13 per cent from January, but 26 per cent below sales recorded in February 2...

✨MONTHLY UPDATE | JANUARY 2025✨

Posted on Feb 01, 2025

FRASER VALLEY'S DECADE-HIGH INVENTORY COULD OPEN DOORS FOR BUYERS

Growing inventory and stable prices could lead to opportunities for buyers in the Fraser Valley market this winter despite uncertain economic conditions.

While sales remained slow in January, with 818 properties sold (down 18% from December), the combination of stable prices and abunda...

✨MONTHLY UPDATE | DECEMBER 2024✨

Posted on Jan 01, 2025

New listings at 10-year high in 2024, but affordability still the elephant in the room in Fraser Valley

Bank of Canada interest rate cuts that began mid-year were not enough to ease the affordability crisis for many home buyers in the Fraser Valley in 2024, leading to a decline in annual sales.

“2024 marked another subdued year for Fraser Valley home...

✨MONTHLY UPDATE | NOVEMBER 2024✨

Posted on Dec 01, 2024

Fraser Valley home sales returning to seasonal norms in November after October surge.

Following a healthy boost in sales in October, Fraser Valley home sales dropped in November as slower seasonal buying trends set in amid balanced market conditions.

“Buying and selling activity is typically quiet at this time of year,” said Jeff Chadha, Chair of the...

✨MONTHLY UPDATE | OCTOBER 2024✨

Posted on Nov 01, 2024

Rising home sales a sign of market shift in the Fraser Valley?

SURREY, BC — Home sales in the Fraser Valley increased for the first time in five months following a sizable interest rate cut by the Bank of Canada in October.

“After waiting it out on the sidelines for a number of months, buyers seem to be finally responding to the series of successive...

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