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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