4 Nov

Fraser Valley Sales Strong in October 2021 – Supply Continues to Diminish

General

Posted by: Kimberly Walker

October with overall sales the third highest on record. We are seeing a combination of above‐average sales with below‐average new listings which is placing strong upward pressure on home prices, for all residential categories, month‐over‐month.

Fraser Valley is a top destination currently in BC for buyers looking for relatively affordable family‐sized homes. Townhomes and single‐family homes are selling on average within two to four weeks in our region, with buyers keenly watching the market for new listings.