FRASER VALLEY

Valley home prices inching up after long chill; sales slump sees rising inventory.  

The Fraser Valley residential market in February saw its first month-over-month increase in the number of sales in four months. While still below the normal volume for the month, February’s …

METRO VANCOUVER

Prices beginning to move upwards;  slow sales allow inventory to replenish  

Metro Vancouver’s housing market continued its sluggish performance last month as many  home buyers remain sidelined by the country’s high mortgage rates. The Bank of Canada’s latest rate announcement one …

FRASER VALLEY

Sales cool in seasonal and high interest climate; inventory replenishing

Home sales in  the Fraser Valley dipped to their lowest point in 10 years in January with 626 transactions. The slow start to 2023 was expected as a continuation of the downward trend …

METRO VANCOUVER

Sales continue slow-down; new listings spike. Some price increases

Metro Vancouver’s residential sales for the first month of this year showed typical seasonal slowing while combined with the continuing effect of higher mortgage rates gaining more traction. Home sales in January dropped close to …

FRASER VALLEY

Home sales down 60% from one year ago; market declines flattening

As prospective home buyers and sellers watch what the new year will bring for the Fraser Valley, early indicators suggest the decline in market activity seen over the last half of 2022 is …

Metro Vancouver

New year begins with home sales at 10-year low; price declines slowing  

Residential market activity in Metro Vancouver at the close of 2022 continued below normal for the season, with December’s sales down nearly 38% on the 10-year average. Following last year’s series …

METRO VANCOUVER

Home sales slow, healthy inventory; potential price surge

The residential market in Metro Vancouver saw a significant overall slow-down last month. While the season of lower temperatures is typically accompanied by a cyclical decline in home sales activity, November’s figures suggest the market’s substantial …

FRASER VALLEY

Home sales still slow, attractive prices; possible demand surge coming

Continuing the trend seen over the previous three months, the Fraser Valley experienced another decline in its residential market activity in November. The present downturn in sales and new listings, however, should not mask …

FRASER VALLEY

Composite benchmark price again below $1-million; small uptick in sales

Residential market activity in the Fraser Valley in October showed little change from the preceding month, with a slight increase of 0.4% in sales over the preceding month. However, the sales total of 901 …

METRO VANCOUVER

Sales decline as rate hikes continue; early signs of rising prices

Metro Vancouver’s residential market saw another month of last month. Home sales this past October dropped 12.8% from the preceding September to a total of 1,904. This continues the downward trend seen since …