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Fraser Valley Real Estate: 2022 Year in Review

Fraser Valley Real Estate: 2022 Year in Review

A nice quick video recap of the entire 2022 calendar year for Fraser Valley residential real estate.  Some key points:

  • sales for the year down 44% compared to the year prior
  • new listings were lower by 9% for 2022 compared to 2021
  • sales-to-active listings ratio went from 56% in January 2022 to 18% in December 2022
  • December 2022 saw the lowest sales for that month, in ten years
  • the year ended with double the active listings compared to December 2021, but still relatively low

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