FRASER VALLEY NOVEMBER REAL ESTATE REPORT

The new stats for November are out! Last month was the second busiest November ever recorded for the FVREB. There was the typical dip in new listings, but demand did not drop with it this year. On the state of the market, President of the Board Jorda Maisey says, “Our housing inventory overall hasn’t been […] The post FRASER VALLEY NOVEMBER REAL ESTATE REPORT appeared first on Andy Schildhorn, PREC.

The new stats for November are out! Last month was the second busiest November ever recorded for the FVREB. There was the typical dip in new listings, but demand did not drop with it this year. On the state of the market, President of the Board Jorda Maisey says, “Our housing inventory overall hasn’t been this low since spring of 2006, however it’s important to emphasize that conditions vary depending on property type. Ground‐oriented homes are the highest in demand currently with about one out of every two active listings selling. For apartments, one in five is selling, so condo shoppers will find more selection and have greater negotiating power on price when it comes time to buy.”

Give me a call if you have any questions! Read more here: http://www.fvreb.bc.ca/statistics/Package%20201511.pdf

The post FRASER VALLEY NOVEMBER REAL ESTATE REPORT appeared first on Andy Schildhorn, PREC.