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MARKET UPDATE OCTOBER 2016


Blog by Monica Dabrowski | November 2nd, 2016


Sales Increase Slightly as Inventory Hits 10-Year Low for the Month of October

MARKET UPDATE: The Fraser Valley real estate market remained active through October, with sales breaking slightly higher than the 10-year historical average for the month. 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.

“Sales activity was healthy in October, especially in the townhome and apartment categories. With prices beginning to level-off, it appears that buyers are becoming more motivated to explore the Valley’s available inventory,” said Board President Charles Wiebe.

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



Have Clothing or Blankets to Spare?

The 22nd annual REALTORS Care® Blanket Drive kicks off November 14. Each year, the event supports close to 20,000 individuals who need help staying warm and dry for the winter season.

The REALTORS Care® Blanket Drive is a week-long collaborative effort from REALTOR® volunteers and real estate offices across the Fraser Valley, Metro Vancouver, Chilliwack and surrounding areas. Donations are collected from the public and then sorted and distributed to charities in the same community in which they were received.