So here we are halfway through 2024. Wow – that happened too quickly! Summer has finally started to warm up! But has the real estate market also started warming? In this article, I’ll conduct a mini mid-year review and see how my 2024 predictions have panned out so far. You can see my 2024 market […]

OVERVIEW Inventory has continued to increase with more sellers listing their homes for sale in May. Bank of Canada reduced their policy rate by .25%. All of this is positive for the market combining healthy inventory and more options for buyers. Sales however were slower than expected which has pushed inventory levels higher for the […]

So… this month’s market analysis is pretty interesting. Highlights? Total inventory increased in the Fraser Valley – which gives buyers even more options. Inventory is at its highest levels in the Fraser Valley  than in the past 5 years (for March). This is good news for buyers! Benchmark prices are up approximately 4.6% compared to […]

Could it be an early Spring Market? What does the Real Estate GroundHog have in store for us this year? Overall, the HPI Benchmark prices were up year-over-year and month-over-month in the Fraser Valley and in the City of Surrey in each category of housing (Detached, Townhome & Apartments). Abbotsford also saw price gains month-over-month. […]