Below is a quick video update on the current market conditions in the Fraser Valley residential real estate market. The video is courtesy of the Fraser Valley Real Estate Board.
The market has been heating up this spring. The sales to active ratio listing is still very high, with townhouses especially in high demand. Prices have been trending modestly higher for several straight months now too.
On the bright side, there was a notable increase in the number of new listings and active listings, month-over-month. This may help to somewhat take the pressure off of buyers to move quickly, if they have a greater selection of homes to choose from.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.