Fraser Valley Home Sales Remain Robust

Demand for Fraser Valley, BC, real estate remained robust in September. While overall sales decreased compared to August, total sales reached the second-highest levels for the month of September in the 100-year history of the Fraser Valley Real Estate Board (FVREB), it says. There were a total of 1,866 property sales in September, a decrease of 10.6 per cent compared to August and a 16.4 per cent decrease compared to the same month last year. September saw 2,342 new listings, a decrease of 33.4 per cent compared to last year, and an increase of 11.2 per cent compared to August 2021. The month ended with a total active inventory of 3,812, which is a 6.5 per cent decrease compared to August and a 48.3 per cent decrease compared to September 2020.