Realestate Trends

Blog

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

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March 2023 Stats: Continued Growth in Fraser Valley Real Estate

Good news for the Fraser Valley real estate market in March 2023 as sales increased for the second month in a row. However, sales are still below the […]
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BC Real Estate Market Balancing cover image
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BC Market Balancing Despite Low Inventory

The British Columbia Real Estate Association (BCREA) has reported a decline in the housing market for March 2023, with only 7,118 residential units sold, a 38.3% drop compared […]
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February 2023 Stats: Sales Slightly Increase and Signal Stability

February brought a slight increase in activity to Fraser Valley real estate. Sales were up for the first time since October 2022, and property prices also saw a […]
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January 2023 Stats: New Year, Slow Start to Sales

January 2023 Stats: New Year, Slow Start to Sales Real estate in Mission had a slow start in 2023 as January saw the slowest month of sales in […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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