Blog

<<< back to article list

MARKET UPDATE JULY 2016


Blog by Monica Dabrowski | August 4th, 2016


Fraser Valley Housing Market Simmers in July

MARKET UPDATE: Although sales in the Fraser Valley remained strong in July, for the first time this year, monthly sales did not break a historical record for our region. Statistics are gathered based on sales processed through the MLS (Multiple Listing Service). Click on the link below to read the article and view full statistics package from the Fraser Valley Real Estate Board.

"A slowing down in activity is expected during the summer. While it may seem drastic or alarming, this easing off is welcome as we get further into the year - the pace of the market slows, and inventory has a chance to catch up." - Board President Charles Wiebe  
 

View the full statistics package from the FVREB HERE.
View the full article on the FVREB website HERE.