March 2026 Update: Seller’s Hesitate!
While sales are picking up from the January slump, we’re seeing a fascinating twist: Sellers are hesitating, yet total inventory is sitting at a decade-high. In the Fraser Valley, choice for buyers is a staggering 54% above average.
📉 Prices: Down 5.5% to 9% year-over-year.
📈 Supply: Housing starts surged 33% this January.
💰 Rates: BoC held the overnight rate at 2.25%.
⛽ The Catch: Middle East tensions are impacting gas prices, which could nudge inflation back up - rates will follow.
Not another Newsletter…
How about a monthly update that has hyper-local neighborhood reports (seriously, hold your neighbours accountable), up-to-date mortgage and rental rates, and key market stats, featured properties, exclusive discounts, upcoming events, and valuable resources for buyers and sellers - that you can digest in 30 seconds or less?
How about $1000?
So you’re not in the market today - all good - know someone who is?
The greatest compliment I can receive is your referral - check out the referral program here: