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Thursday, February 2, 2023 - Fraser Valley real estate sales record slowest annual start in ten years.

The downward trend in Fraser Valley real estate sales continued in January as further interest rate hikes kept buyers sidelined. With 626 transactions processed on the MLS®, sales were off by 12.6 per cent compared to last month and down by 52.2 per cent compared to this time last year. The last time January sales were this low was in 2013 at 617 sales. "Buyers are understandably cautious, which explains the slow start to the year," said Sandra Benz, President of the Fraser Valley Real Estate ... Full Article...
posted in General at Thu, 02 Feb 2023 20:24:26 +0000

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