MARCH 2024 STATISTICAL UPDATE
Posted on Apr 03, 2024
Home buyers in the Fraser Valley have more choice heading into the spring market with inventory levels for March at the highest they’ve been in the past five years.
However, March sales were slower than anticipated with 1,395 transactions recorded on the Fraser Valley Real Estate Board’s Multiple Listings Service® (MLS®), a 13 per cent increase over...
FEBRUARY 2024 STATISTICAL UPDATE
Posted on Mar 05, 2024
The Fraser Valley Real Estate Board recorded 1,235 transactions on its Multiple Listing Service® (MLS®) in February, a 32 per cent increase over January but still 21 per cent below the 10-year average for sales in the region. New listings increased to 2,797 in February, up 18 per cent from January and 4 per cent above the 10-year average.
“There is...
JANUARY 2024 STATISTICAL UPDATE
Posted on Feb 02, 2024
The Fraser Valley real estate market showed signs of recovery in January as home sales rose after six consecutive months of decline, and new listings more than doubled.
The Fraser Valley Real Estate Board recorded 938 transactions on its Multiple Listing Service® (MLS®) in January, a 12 per cent increase over December and below the 10-year average f...
DECEMBER 2023 STATISTICAL UPDATE
Posted on Jan 05, 2024
The Fraser Valley region ended the year with 14,713 sales recorded on its Multiple Listing Service® (MLS®), a decline of four percent over 2022 and 23 percent below the 10-year average. New listings in the Fraser Valley were also at a 10-year low, at 29,610, eight percent below the 10-year average.
The composite Benchmark home price in the Fraser Va...
NOVEMBER 2023 STATISTICAL UPDATE
Posted on Dec 04, 2023
The Fraser Valley Real Estate Board recorded 891 transactions on its Multiple Listing Service® (MLS®) in November, a drop of 8 percent from the previous month, representing the 9th slowest November in a decade.
At 2,030 new listings also fell again, decreasing by 20 percent from October and by 43 percent since peaking in May at 3,533.
“As we head int...
OCTOBER 2023 STATISTICAL UPDATE
Posted on Nov 22, 2023
The Fraser Valley Real Estate Board recorded 970 transactions on its Multiple Listing Service® (MLS®) in October, a drop of 12 percent from the previous month and the fourth consecutive decrease since the 12- month high of 1,935 sales recorded in June.
At 2,535, new listings also fell again, decreasing by 11 per cent from September and by 28 percent...