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June 2024 – Fraser Valley Real Estate Market Snapshot

Summertime Blues The month of June witnessed the first decrease in interest rates in over three years. Despite this favorable economic indicator, there was still a noticeable dip in sales activity and average prices for both single-family homes and townhouses. Surprisingly, the condo sector defied this trend, showing an increase in average value both month-to-month […]

May 2024 – Fraser Valley Real Estate Market Snapshot

May Anticipation In May, many people were waiting to see what would happen with interest rates in early June. This anticipation led to a drop in overall sales absorptions, which were down 11 to 17 percent compared to May 2023. While multi-family product sales decreased moderately month-to-month, single-family absorptions surprisingly increased by 15% compared to […]

The Fifth Dimension Report – Spring 2024 Edition

As we move through the season of Spring, we recognize its ability to make us reflect and refresh. We will be bringing you a new and improved market report – this will be the final version of The Fifth Dimension in its current format… stay tuned! The Fraser Valley Real Estate Market: Challenges and Changes […]

Fraser Valley Real Estate: Insights for Pros, Families, Retirees

Written by Jamie Squires, President, Fifth Ave Real Estate Marketing.

The Fifth Dimension Report – Winter 2024 Edition

Fifth Avenue embraces the new year with its final edition of the Fifth Dimension for 2023. As we welcome the new year, Fifth Avenue Real Estate Marketing Limited (Fifth Avenue) proudly presents the final installment of our 2023 series of the Fifth Dimension. Metro Vancouver’s Multifamily Home Market Comprehensive Guide. We are thrilled to offer […]

Vantage: The Final Opportunity to Own Where Work Meets Nature

April 2024 – Fraser Valley Real Estate Market Snapshot

APRIL SHOWERS…WILL IT BRING MAY FLOWERS? In April, sales absorptions increased for all home types compared to March. Single-family homes, the most expensive type, saw the smallest increase. Year-to-date numbers reveal sales declines in single-family homes and condominiums, but a slight increase in townhomes. Inventory has risen significantly across all home types. Despite more supply, […]

March 2024 – Fraser Valley Real Estate Market Snapshot

Unraveling the Real Estate Landscape of Fraser Valley: Recent Shifts and Future Trends As the saying goes, “March entered like a lion and exited like a lamb,” witnessing an overall increase in sales from February in both the single-family and townhome sectors, with the bulk of sales activity occurring early in the month. However, sales […]

February 2024 – Fraser Valley Real Estate Market Snapshot

Unraveling the Real Estate Landscape of Fraser Valley: Recent Shifts and Future Trends February Market Activity In February, the Fraser Valley resale market saw a rise in sales activity, values, and inventory compared to both the previous month and the same month last year. Some buyers are cautiously re-entering the market due to promising inflation […]

December 2023 – Fraser Valley Real Estate Market Snapshot

That’s A Wrap! The final month of 2023 quietly concluded with the Bank of Canada holding interest rates for a third time in a row. Let’s dive into the statistics and see how the market performed over the final days of last year. With so much uncertainty in the market caused by a combination of […]