April 2023 Stats: Steady Spring Sales and Rising Prices
Despite low inventory levels, the Fraser Valley Real Estate Board processed 1,554 sales on its Multiple Listing Service in April, which is nearly unchanged from March and a [...]
Despite low inventory levels, the Fraser Valley Real Estate Board processed 1,554 sales on its Multiple Listing Service in April, which is nearly unchanged from March and a [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]