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 [...]
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 [...]
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 [...]
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. [...]
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 [...]
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 [...]
March 2022 Stats: Balancing Market An Optimistic Sign For Homebuyers
The Fraser Valley real estate market continued to see a surge in new listings this month, showing signs of a balancing market and providing much needed optimism for [...]
February 2022 Stats: New Listings Continue to Soar
The February 2022 real estate market in the Fraser Valley continued to show signs of improvement. This month, the Fraser Valley Real Estate Board (FVREB) saw a record-breaking [...]