The market continues to soften, but buyers and sellers continue to wait.

3 BED | 3 BATH | 1585 SF

2 BED | 2 BATH | 686 SF

Vancouver Real Estate, Market Summary - September 2022

“...the cost to borrow funds has risen substantially over a short period... challenging environment for borrowers looking to purchase a home, and home sales across the region have dropped accordingly..” - Andrew Lis, REBGV Director, economics and data analytics

Fraser Valley Real Estate, Market Summary - September 2022

“The sales slowdown we’re seeing reflects a level of caution exercised by buyers.” - Sandra Benz, Fraser Valley Board President

3 BED | 3 BATH | 1477 SF

Vancouver Real Estate, Market Summary - August 2022

“With inflationary pressure and interest rates on the rise, home buyer and seller activity shifted below our long-term seasonal averages this summer. This shift in market conditions caused prices to edge down over the past four months.” - Andrew Lis, REBGV Director, economics and data analytics

Fraser Valley Real Estate, Market Summary - August 2022

“With the Fraser Valley continuing to settle after months of record sales and prices, we expect to see more activity this coming fall as buyers look to capitalize on the region’s reputation for providing greater value for the real estate dollar.” - Sandra Benz, Fraser Valley Board President