Jan Baxter - Blog

✨MONTHLY UPDATE | APRIL 2024✨

Posted on May 01, 2024

Modest increase in April home sales in the Fraser Valley takes lead from cooler spring weather

“We are seeing a relatively calm and balanced market right now,” said Jeff Chadha, Chair of the Fraser Valley Real Estate Board. “Which means buyers have time to shop around and purchase a home without the pressure of a few years ago, and while prices are...

✨MONTHLY MARKET UPDATE | MARCH 2024✨

Posted on Apr 01, 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.

“With inventory building, buyers now have more opportunities in both the detached and attached markets compared to one year ago,” said Jeff Chadha, Chair of the Fraser Valley Real Estate...

✨MONTHLY MARKET UPDATE | FEBRUARY 2024✨

Posted on Mar 01, 2024

Home sales in the Fraser Valley posted a second consecutive bump in February as new listings continue to rise and trend slightly above the 10-year seasonal average.

“There is somewhat of a buzz in the market right now,” said Narinder Bains, Chair of the Fraser Valley Real Estate Board. “We are seeing new listings come onto the market and REALTORS® c...

✨MONTHLY MARKET UPDATE | JANUARY 2024✨

Posted on Feb 01, 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.

“With January sales on the rise, we are seeing hopeful signs that optimism is returning to the market,” said Narinder Bains, Chair of the Fraser Valley Real Estate Board. “Anticipat...

✨MONTHLY MARKET UPDATE | DECEMBER 2023✨

Posted on Jan 01, 2024

Fraser Valley closes out 2023 with lowest annual sales recorded in 10 years

"Back-to-back mid-year interest rate hikes slowed the market despite strong sales and new listings in the spring," said Narinder Bains, Chair of the Fraser Valley Real Estate Board. "This left the market in overall balance for the latter half of the year, albeit at low level...

✨MONTHLY MARKET UPDATE | NOVEMBER 2023✨

Posted on Dec 01, 2023

Home sales fall for fifth straight month in the Fraser Valley

"As we head into the holiday season, buyers and sellers are busy with other priorities and will likely continue to wait on the side-lines," said Narinder Bains, Chair of the Fraser Valley Real Estate Board, " We anticipate this holding pattern, defined by slow sales and declining new list...