AUGUST 2023 STATISTICAL UPDATE
Posted on Sep 05, 2023
The Fraser Valley Real Estate Board recorded 1,273 sales on its Multiple Listing Service (MLS®) in August 2023, a decrease of 6.9 per cent compared to July. Sales were up 25.2 per cent compared to August 2022.
New listings dropped to 2,622 in August, a decrease of 8.2 per cent over last month, but 28.2 per cent above this time last year. Active list...
JULY 2023 STATISTICAL UPDATE
Posted on Aug 02, 2023
The Fraser Valley Real Estate Board processed 1,368 sales in July on its Multiple Listing Service® (MLS®), a decrease of 29.3 per cent below June, but still 37.8 per cent above July 2022.
July new listings, at 2,855, were also down by 16.6 per cent compared to last month but 19.7 per cent higher than July 2022 levels, and virtually on par with the t...
JUNE 2023 STATISTICAL UPDATE
Posted on Jul 05, 2023
In June, the Fraser Valley Real Estate Board (FVREB) processed 1,935 sales on its Multiple Listing Service® (MLS®), an increase of 51.1 percent compared to June 2022 and a 13.1 percent increase compared to May.
“As seen in recent months, prices continue to trend upward, with lack of supply and high demand for housing,“ said Narinder Bains, Chair of...
MAY 2023 STATISTICAL UPDATE
Posted on Jun 02, 2023
The Fraser Valley real estate market saw an injection of supply in May as new listings surged by more than 40 percent over April.
At 3,533, new listings were just below May 2022 levels (3,631) but slightly higher (2.7 percent) than the ten-year average for the region. A welcome trend towards alleviating housing supply issues.
“Typically we would see...
APRIL 2023 STATISTICAL UPDATE
Posted on May 02, 2023
In April, the Fraser Valley Real Estate Board (FVREB) processed 1,554 sales on its Multiple Listing Service® (MLS®), virtually unchanged compared to March and a slight decrease of 5.1 percent compared to April 2022.
“Buyers are continuing to find opportunities in the Fraser Valley, even in the face of lower inventories,” said Narinder Bains, Chair o...
MARCH 2023 STATISTICAL UPDATE
Posted on Apr 04, 2023
At 1,550, property sales posted on the FVREB’s Multiple Listings Service (MLS®) were 72.6 percent higher than sales recorded last month. Although 39.9 percent lower than a year ago and nearly 25 percent below the ten-year average, it marks the first time since August that monthly sales exceeded the 1,000 level.
“After months of uncertainty made it d...