The Fraser Valley’s Higher Deselerrivery can open consumer departments

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Surrey, British Columbia, February 04, 2025 (Globe Newswire) – Growing Inventory) – Straight Prices

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Newly listed houses jumps 167 percent from December to January, listed FRASU Valler Valley Reel Multer Lual^® (Mls^®). In 7,251 active list, inventory is still higher 10, 54 percent over 10 years rate.

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While selling is always moving in January, 818 trades are committed (down 18% from December), a combination of stable values ​​and many options can be available to consumers to return to the market.

The sales rating-to the active list seems to achieve this. 11%, the Lord’s average we all sign the buyer’s market, by the banned homes in the buyer’s market. The market is considered equal when an average is between 12 percent and 20 percent.

It took a long time to sell homes in January compared to December. Beyond Fraser Valley, the average day sales rate were 52, and Condo was 42. Townthomes take, on average, 38 days to sell.

“The market is seen in the holding pattern yet,” said Baldev Gill, the FRASER VALEL VALEL VEAL ESTATE BOARD. “There is no doubt that the economic uncertainty plays a role, especially the spectator of the trading war, which can lead to a further reduction by the Canadian bank.^® to ensure that they adapt to financial purposes. “

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FRASER Valley benchypes are struggled in January, at the price of composite Benchmark price down 0.03% to $ 964,800.

Mls^® HPI Benchmark activity Price work

• One family is banned: To $ 1,482,400, Benchmark price of FVREB One family is banned Home has been 0.1 compared to December 2024 and up to 0.6 percent compared to January 2024.
• Cities: $ 826,000, Benchmark price for FVREB winhome Reduced 0.2 percent compared to December 2024 and decreased by 0.2 percent compared to January 2024.
• Rooms: $ 534,600, Benchmark price of FVREB in apartment / corroy He has raised 0.1 percent compared to December 2024 and decreased by 1.2 percent compared to January 2024.

* The Fraser Valley Real Estate Board is the 5,214 real house workers who live and work in BC communities of Abbotsford, Langley, Mission, North Delta, and a white rock.

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