November 2023

October Market Update

Posted on Nov 03, 2023

Selling prices continue to adjust to where Buyers are willing to step in. Those who have their finances in good order can leverage their position and make a good transition, up or down. Banks are very cautious with lending these days so it can be challenging for those entering the Fraser Valley market. With informed advice, patience, and perseveran...

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September Market Update 

Posted on Nov 03, 2023

 For Buyers, we finally have less pressure. Typically options to pick from, negotiable prices, and flexible terms. For Sellers, best to polish your diamond well and price sharp to achieve your goals.
Summarized by Narinder Bains,
“With inventory levels continuing on a slow and steady rise, together with slow sales, what we are seeing is a more balanc...

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August Market Update 

Posted on Nov 03, 2023

August Market Update summary with Narinder Bains. 
“Many buyers are in “watchful waiting” mode as they hold off on decisions in anticipation of potential further rate changes,” said Narinder Bains, Chair of the Fraser Valley Real Estate Board. “With prices relatively stable and active inventory on the rise, we hope to see more new listings come on st...

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