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After the historic number of sales in 2021, 2022 brought back balance to the BC real estate market. Tools introduced by the BC Government included 7 interest rate […]

On December 7, 2022, the Bank of Canada announced another interest rate hike, from 4.25% to 4.50%. As rates rise to combat inflation, sales and new listings have […]

Sales remained stagnant in October 2022 after the Bank of Canada announced another interest rate hike this month. The Fraser Valley Real Estate Board reported a sales-to-active ratio […]

September 2022 Stats: Interest Rates Rise as Prices Decline The Fraser Valley Real Estate Board reported a sales-to-active ratio of 15% for the month of September 2022, signifying […]

The Fraser Valley Real Estate Board reported another month of declining sales and increasing inventory, signifying the return of a balancing market. The benchmark prices for homes in […]

The effect of rising interest rates has been felt across the Fraser Valley as the Fraser Valley Real Estate Board recorded the fourth consecutive month of declining sales. […]

The Fraser Valley Real Estate Board recorded the third straight month of decreasing sales in June 2022, signifying the return of a balanced real estate market. June 2022 […]

In May 2022, the Fraser Valley Real Estate Board processed 1,360 of all property sales, a 53.9% decrease compared to this month last year, and a 16% decrease […]

In April 2022, the Fraser Valley Real Estate Board recorded a 35% decrease in sales compared to last month. This is the first time the monthly sales have […]