Realestate Trends

Blog

Check out our latest articles on real estate, market trends and what’s happening in Mission and the Fraser Valley.

Read More

December 2022 Stats: Sales Slow and Bring Balance

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 […]
Read More
Read More

November 2022 Stats: Third Month of Declining Sales

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 […]
Read More
Read More

October 2022 Stats: Sales Stay Slow as Prices Slightly Fall

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 […]
Read More
Read More

September 2022 Stats: Interest Rates Rise as Prices Decline

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 […]
Read More
Read More

August 2022 Stats: Market Settles As Sales Stall

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 […]
Read More
Rising Interest rates and sliding sales
Read More

July 2022 Stats: Rising Interest Rates and Sliding Sales

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. […]
Read More
Read More

June 2022 Stats: A Balancing Market?

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 […]
Read More
Read More

May 2022 Stats: Sales Fall as Listings Rise

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 […]
Read More
Read More

April 2022 Stats: Slowing Sales Hints At a Balancing Market

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 […]
Read More