Fraser Valley market moves to familiar territory in November

Sales and listing activity in the Fraser Valley decreased once again month-over-month, returning to typical
levels for the month of November.

Through the past four months, there has been a slow but steady return to a more normal market for sales and listing
activity. The pressure that was previously placed on buyers has been lifted, and transactions can be made with not
so much pressure by intense com... read more.

Fraser Valley Inventory reaches highest level in 2016 as sales settle for Fall

Housing sales in the Fraser Valley continued to slow throughout September, dropping below the ten-year
sales average for the month for the first time this year. We are experiencing an environment where the summer sizzle has ceased, and demand is producing numbers inline with what we’ve seen historically.

The level of available inventory is rising as we had hoped, and homes are taking a bit longer to... read more.

Colouring Contest for all children 12 and under. Visit www.greyfriarsrealty.com to print off your entry today. mail back before Oct 31 and you could win a $25.00 Gift card to Tim Hortons

FOUR-FOR-FOUR IN RECORD-SETTING MONTHS FOR FRASER VALLEY REAL ESTATE

Once again Fraser Valley real estate saw record-breaking numbers with April sales reaching higher than any previous April historically. Last month, the Fraser Valley Real Estate Board processed 2,969 sales on its Multiple Listing Service® (MLS®), an increase of 47.8 per cent compared to April 2015. The previous record for sales processed in an April was set in 1991 at 2,513. However, sales did dro... read more.

Fear of missing out leaves millennials taking on big risk in housing market

Gen Y’s fear of missing out on home ownership is right on the money.Month by month, affordability in the country’s hot markets is slipping away. Every year a first-time buyer waits could end up costing many thousands of dollars as higher prices flow through to bigger mortgage payments.In Vancouver, price increases over the same time span result in extra mortgage costs of $616 per month and $36,960... read more.