Spring sales hold steady in Fraser Valley real estate market CanadiansInvest
SURREY – Despite persistent inventory shortfalls, housing sales in the Fraser Valley remained steady in April as buyers took advantage of the continued pause in interest rate hikes.
“Buyers are continuing to find opportunities in the Fraser Valley, even in the face of lower inventories,” said Narinder Bains, Chair of the Fraser Valley Real Estate Board. “With prices remaining strong, we expect to see inventories increase over the coming months as sellers seek to capitalize on price growth after sitting out for so long.”
“Our members are starting to see a rise in multiple offers on properties as the spring market kicks in,” said Board CEO, Baldev Gill. “With the heightened activity, many homeowners are asking: is now the right time to buy or sell? There is no simple – or single – answer to this question, but a wise first step would be to consult with a professional REALTORLow inventories helped nudge prices upward with the composite Benchmark price up by 2.
Townhomes: At $808,000, the Benchmark price for an FVREB townhome increased 1.7 per cent compared to March 2023 and decreased 13.3 per cent compared to April 2022.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Ready, Steady, Go: Fraser Valley Now Seeing More Multiple OffersThe latest statistics published by the Fraser Valley Real Estate Board show that the region's home sales remained steady in April. FVREB | realestate FraserValley realestatenews
اقرأ أكثر »
Canadian Opera Company spring season opener Macbeth leans hard into darkness and discomfortSir David McVicar’s new production of Verdi’s Macbeth a fascinating way to rediscover The Scottish Play
اقرأ أكثر »
Indigenous ownership in Canadian energy is growing – Canadian InvestorIndigenous ownership in Canadian energy is growing CanadiansInvest
اقرأ أكثر »
Canadian Leafs fans face limited ticket options as Panthers restrict early sales to U.S. residentsThe Florida Panthers’ vice-president of communications said the team was giving local fans ‘first access to tickets to the series for the first 24 hours of the single game ticket on sale’
اقرأ أكثر »
Celebrate spring with some fresh and tasty asparagus soupAsparagus can be steamed, boiled, stir-fried, roasted, baked, grilled, or broiled. Pretty much any way you can cook a vegetable.
اقرأ أكثر »
Bow Valley Parkway reopens for cycling MondayThis year\u0027s pilot runs first from May 1 through June 25, and again between Sept. 1 and Oct. 1, with the parkway closing to motorists.
اقرأ أكثر »