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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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 as January 2023 saw the slowest month of sales in a […]
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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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Rising Interest rates and sliding sales
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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. […]
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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 […]
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