The Anderson Report.
The Bank of Canada announced a full 1% increase in the overnight lending rate on July 13th, 2022. This brought the policy rate up from 1.5% to 2.5% … [read more]
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]
The Bank of Canada announced a full 1% increase in the overnight lending rate on July 13th, 2022. This brought the policy rate up from 1.5% to 2.5% … [read more]
There is a lot of news circulating about the Real Estate market & everyone is talking about a “shift.” I’m seeing headlines talking about the market moving into … [read more]
There is no doubt that we are feeling the market shift. We are seeing sales decline and price points will follow. This is happening on both a local … [read more]
The next couple of months are going to be very interesting & very telling in the real estate world. The next couple of months are going to be … [read more]
Is This the End of the Red Hot Real Estate Market? The Fraser Valley Real Estate Board received 75.3% more listings in February compared to January of last month. This is something that … [read more]
The Snapshot Fresh from coming off the busiest year in history for Fraser Valley real estate, January activity saw the beginnings of a market rebalancing. Overall property sales were still … [read more]
December 2021. The Snapshot What a year! 2021 was the busiest year in 100-year history in terms of number of sales processed. It beat out 2016’s hot market … [read more]
November, 2021. Typically, this time of year we start to see sales decline as the weather changes and we enter into the holiday season. However, this year has … [read more]
October, 2021 Combination of above‐average sales with below‐average listings is placing strong upward pressure on home prices, for all residential categories, month‐over‐month. Months of inventory available for the … [read more]
September 2021 The Skinny Supply levels across the Valley continue to remain low, causing Buyers to flock and sale prices to remain strong. We are actively seeing sellers … [read more]
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