Office 604-855-7653 | office@vyberealty.com

Vybe: the atmosphere of a place as communicated to and felt by others.

Abbotsford and Fraser Valley Real Estate

  Mortgage Calculator

Calculate Your Payments

  Buyer Resources

Best Real Estate Advice

  Seller Resources

Selling For Top Dollar

  Mobile Listings

Search Anywhere Always

  Here To Help You

You Can Contact Me Always

Market strength carries into summer for Fraser Valley

SURREY, BC – Continued demand for single family homes and townhomes resulted in the busiest July in five years
for the Fraser Valley Real Estate Board. The Board’s Multiple Listing Service® (MLS®) processed 1,615 sales in July,
an increase of 11 per cent compared to the 1,456 sales in July last year and 1.4 per cent above the 10‐year average
for the month.


Ray Werger, President of the Board, says, “July’s steady activity is a continuation of what we’ve been seeing all
year. Our market has fully recovered from last year’s slump and has returned to what we typically see in the Fraser
Valley, which is a steady, consistent market.”


In July, the Board received 2,724 new listings, a decrease of 2 per cent compared to July 2013 taking the number of
active listings in Fraser Valley to 9,636, a decrease of 8 per cent compared to the volume available in July 2013.
Werger says, “Although our sales were slightly above average for the month, the volume of new listings added to
the MLS® was 7 per cent lower than what’s typical for July, so for certain property types and price ranges we’re
actually seeing a shortage of listings creating a seller’s market for particular homes.

Comments:
No comments

Post Your Comment:

* indicates required fields.
Your Name: *
Please note, your email will not be shown publicly
Your Email (will not be published): *
Comment: *
Please type the text as it appears above: