Buyer’s Market Ahead? πŸ‘πŸ“‰ Fraser Valley Real Estate Update

Andy Schildhorn • October 14, 2024

πŸ“ž Book a call/meeting at a time convenient to you – https://calendly.com/andyschildhorn

 

🏑 Fraser Valley Real Estate Update – Buyer’s Market Ahead? 

 

The Fraser Valley real estate market is showing signs of a shift toward a buyer’s market, with declining sales, rising inventory, and possible interest rate cuts on the horizon. Watch this video as I break down the latest stats and what they mean for buyers and sellers.

 

In this video, I’ll cover:

MLS® sales drop from August to September

Benchmark price changes

Sales-to-Active Listings Ratio indicating a buyer’s market

How interest rate cuts could affect the market

 

What do you think the market will do? Share your thoughts in the comments below!

 

πŸ“… Ready to make your next move?

 

Use the link below to book a time that works for you:

πŸ“… https://calendly.com/andyschildhorn

πŸ“ž 778.835.8957

πŸ“§ andy@andytherealtor.com

🌐 www.AndytheRealtor.com 

By Andy Schildhorn March 3, 2026
SURREY, BC – The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing over January, but continuing to trail typical levels for this time of year. The Fraser Valley Real Estate Board recorded 843 sales on its Multiple Listing Service® (MLS®) in February, a 36 per cent increase from January, but 38 per cent below the ten-year seasonal average. New listings declined nine per cent in February to 2,796, suggesting some sellers are choosing to wait amid competitive inventory levels, and may be positioning their homes for the peak of the spring market.
By Andy Schildhorn March 1, 2026
The Township of Langley Traffic Cameras for up-to-date traffic information. Click here
By Andy Schildhorn March 1, 2026
The economics of building new homes in Canada are now "simply broken," sparking a macroeconomic drag that CIBC economists warn is just beginning to take hold. πŸ‘‰ Details Here
More Posts