REW
Home sales may have fallen last month, but they were still above January’s average – and as for those condos… Check out our monthly market infographic for a closer look.
The “levelling-off” of Fraser Valley home sales continued in January, according to Fraser Valley Real Estate Board figures released early February, with detached house sales slowing and condo transactions still doggedly rising.
In total, 848 Fraser Valley homes were traded in January, which was a fall of 28.4 per cent year over year and 0.7 per cent lower than December 2016. Despite the drop, January’s sales were still higher than the 10-year average, unlike those of Greater Vancouver.
What’s more, prices maintained their elevated level, still considerably higher than one year ago – albeit varying considerably by municipality.
Check out the sales figures and price breakdown in our essential monthly infographic below (and just look at those condos go).
To read the full story and analysis, click here.
© 2016 Real Estate Weekly