Fraser Valley Real Estate Prices Heading Towards a Decline?
Slower seasonal sales helped build inventory to its highest level since September 2019 in the Fraser Valley real estate market. The higher levels of inventory we are seeing … [read more]
Market Updates
The Anderson Report.
December, 2023 As the year comes to a close, I will talk about what we saw in the past few months on the Fraser Valley and Canadian markets. … [read more]
The Anderson Report
September, 2023 Prices in the Valley started to fall in 2022 after the peak – and first-rate hike announcement- occurred in March 2022. However, when we look at … [read more]
The Anderson Report: How to Afford a $500,000 House?
How Much Do You Need to Earn To Afford a $500,000 House? I was recently interviewed by CTV on an article by Point2Homes that highlighted: Renters in the … [read more]
The Anderson Report
Can the Fraser Valley Survive More Rate Hikes? Bank of Canada Increases the Overnight Lending Rate On June 7, the Bank of Canada raised its policy rate by … [read more]
The Anderson Report: Fraser Valley Sale Prices Up $100,000
Average Fraser Valley Sale Prices in 2023 are up $100,000 for all property types! Housing sale prices increased yet again in the Fraser Valley for the month of … [read more]
Anderson Report: Have Home Prices Hit Bottom?
Have Home Prices Hit Bottom? 📉📈 Have home prices in the Fraser Valley hit their lowest levels, or, was this last month a one-off? Should we expect to … [read more]
The Anderson Report: BC Real Estate Pricing Forecast for 2023 and 2024
Should I buy Now or Wait for Prices to Come Down Further? Read on as I Go Over the newly released Real Estate Pricing Forecast This seems to … [read more]
The Anderson Report.
BC Premier Announces Two New Pieces of Housing Legislation On November 21st, BC’s government proposed new legislation directed to tackle the housing crisis under recently sworn-in Premier David … [read more]
The Anderson Report.
As the high interest rate environment continues to cast a shadow over real estate in Canada, national home prices saw yet another monthly decline. Prices have Fallen for … [read more]
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