Fraser Valley Market Update February 2020

Posted on Mar 06, 2020 in Real Estate Market Update

February home sales outpace new listings in Fraser Valley

In February, property sales in the Fraser Valley finished slightly above the 10-year average for the month, while new listings came in 3 per cent below, keeping overall inventory at historically below-average levels.

The Fraser Valley Real Estate Board processed 1,352 sales of all property typ...

Fraser Valley Market Update January 2020

Posted on Feb 04, 2020 in Real Estate Market Update

Here's your Monthly Real Estate Round up for the Month of January 2020

January’s property sales in the Fraser Valley came in 6 per cent above the 10-year average for the month, while new listings finished 11 per cent below historical norms.

The Fraser Valley Real Estate Board processed 974 sales of all property types on its Multiple Listing Service®...

2020 Real Estate Market Predictions

Posted on Jan 27, 2020 in Real Estate Market Update

2019 Market Recap

As anticipated, 2019 had a sluggish start to the first half of the year. A few contributing factors to this were the newly introduced stress test, some buyer uncertainty and a surplus of inventory. However, in the summer the market started to correct itself, restoring some balance which in turn caused Fraser Valley home sales to pi...

September Real Estate Market Update

Posted on Oct 04, 2018 in Real Estate Market Update

Housing supply ample as buyers remain hesitant in September.

The slowing of sales activity and expansion of overall inventory that has defined much of 2018 for the Fraser Valley housing market continued in September, with sales at their lowest point and inventory at its highest for the year.

The Fraser Valley Real Estate Board processed 1,035 sales o...

Market Update: What's Really Happening?

Posted on Aug 24, 2018 in Real Estate Market Update

You may be hearing things like "it's a downward market" and that the Vancouver and Fraser Valley real estate "bubble is bursting". However, this is not actually the case.

Watch my 3 minute video to find out what all the latest Real Estate headlines actually mean for you.

As always, if you are looking for more useful information on becoming an educate...

January Market Update

Posted on Jan 27, 2018 in Real Estate Market Update

Here's what's happening this month in the Burnaby Real Estate Market. As of January 21th 2018, the city's MLS stats indicate 357 new listings in the last month with an average of 26 days on the market. The average listing price in Burnaby is $948,651.

Out of 18 cities in Greater Vancouver, Burnaby currently ranks as the 6th most expensive, the 2nd f...

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