Home prices rocky during to start quarter.
The latest reports for the local area real estate market shows that average prices are plummeting, and the data is showing signs of much lower volume for this time of year.
With an oversupply of inventory and sluggish days on market, coupled with high interest rates, it is a buyers market with deals to be had. Current home owners looking to sell should be considering their homes’ current value and determing if it is better to wait out this downward trend in home prices.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.