August Market Update
Posted on Aug 09, 2021
Welcome to August!
We hope you have been enjoying this very warm and sunny summer on the west coast.
As summer ticks along so does the strong seller's market with the lowest inventory in 40 years! As you will read in the Fraser Valley Boards monthly housing statistics for July, demand is still high for homes in the Fraser Valley region.
The August...
We hope you have been enjoying this very warm and sunny summer on the west coast.
As summer ticks along so does the strong seller's market with the lowest inventory in 40 years! As you will read in the Fraser Valley Boards monthly housing statistics for July, demand is still high for homes in the Fraser Valley region.
The August...
July Market Update
Posted on Jul 12, 2021
June stats are in and it's the first time since last September that historical records weren't broken. As you will see in the numbers below, benchmark prices have stayed the same or only gone up slightly since May.It was a busy month for SIMS BLUE clients moving house. Some were first-time homebuyers, others were leaving the lower mainland to make...
June Market Update
Posted on Jun 05, 2021
May was another busy month in home sales in the Fraser Valley with an increase in inventory coming onto the market. With the increase of inventory, we are starting to see fewer multiple offer situations and fewer buyers competing when multiples do happen.
A busy spring in home sales means a busy summer of people moving. Summer is a great time to mov...
A busy spring in home sales means a busy summer of people moving. Summer is a great time to mov...
May Market Update
Posted on May 06, 2021
April was another record-breaking month in the Fraser Valley region with sales and benchmark prices increasing once again. Check out the infographic below with benchmark prices for the Fraser Valley region and White Rock/South Surrey specifically.
We are happy to report that many of our SIMS BLUE clients had very successful home sales in April. Cong...
April Market Update
Posted on Apr 06, 2021
Spring is finally here and so is the spring real estate market!
The Fraser Valley Real Estate Board has reported record-breaking sales and new listings in the Fraser Valley in March. With this influx of new listings on the market, the increased supply will hopefully help to meet the extremely high demand for home buyers.
The April edition of our news...
March Market Update
Posted on Mar 03, 2021
To say that the real estate market was so HOT that it was on fire, would not be an understatement in 2021! Low interest rates and high demand has made for soaring house prices in the Fraser Valley and resulting in many multiple offer situations.
The Fraser Valley Housing Market Stats for February points out, "In February, the FVREB processed a tota...
