August 9, 2022 Get Your Market SnapShot Now! Another month has come and gone and that means it’s time to take a look at what is going on in our Fraser Valley Real Estate Market. Once again, we have another month in the books with declining sales and prices as the market responds to increasing interest rates, inflation, and general buyer sentiment.With only 993 sales in July 2022, w... Read more →
July 15, 2022 Get Your Market SnapShot Now! For the third month in a row, we have continued to see the market take a complete 180 degree turn from the record breaking sales and increasing prices we saw over the pandemic, and both prices and sales numbers continue to decrease.June 2022 saw a total of 1,281 sales, a decrease of 5.8% compared to May 2022 and a 43% decrease compared to June ... Read more →
*|MC_PREVIEW_TEXT|* June 2022 Fraser Valley Real Estate Update June 10, 2022 Get Your Market SnapShot Now! For the fist time since September 2019 we have seen average prices for all property types decrease in comparison to the month prior. While they are not significant drops in price, detached decreased by 2.4%, townhomes by 1.4% and condos by 1.1%, the fact that prices are decreasing i... Read more →
Get Your Market SnapShot Now! After nearly 2 years of record or near record breaking months we are finally seeing the market stabilize and sales activity has slowed drastically. With 1,579 sales processed in the Fraser Valley for the month of April 2022, we saw a decrease in sales of 46% compared to April 2021 and a decrease of 37% compared to March 2022. This is somewhat expected in a s... Read more →
April 2022 Fraser Valley Real Estate Update April 14, 2022 Get Your Market SnapShot Now! As March draws to a close, we have seen another month of inventory building and more balance in the market. Overall, there feels to be a little bit more calmness in the air than the last several months, and while the market is still hot, it is not quite as hot as it has been. Multiple offers are stil... Read more →
Get Your Market SnapShot Now! * If you read this newsletter every month, you will know that we discussed a potential shift in the market last month. In that newsletter I mentioned that the early signs were there, but we need to see more data to really tell if that shift is going to happen or not. Another month has come and gone and while I still cannot say it with certainty as we never k... Read more →
February 2022 Fraser Valley Real Estate Update February4, 2022 Get Your Market SnapShot Now! *|FNAME|*, Is relief on the horizon for this wild real estate market we have been in for the last year and a half? I would say it is too early to say that with any certainty, however, we are starting to see the early signs of things leveling off. January 2022 saw sales cool and new listings incre... Read more →
Get Your Market SnapShot Now! WOW! What a year we had in 2021… …this is certainly true for many aspects of daily life, but it is an understatement when it comes to the Fraser Valley Real Estate Market. With multiple month to month records broken for total number of sales and record low inventory numbers, it comes with no real surprise that the year itself broke a couple rec... Read more →
December 2021 Fraser Valley Real Estate Update December 9, 2021 Get Your Market SnapShot Now! Demand from buyers remains high, and total listings remain low causing prices to continue to rise through November 2021. With 1,972 sales in November 2021, we finished with the second most sales for the month of November second only to last years 2,173 sales in November 2020. On a positive note,... Read more →
Get Your Market SnapShot Now! The year of 2021 is remaining consistent with a higher number of sales in October 2021 than average, with fewer than average new listings for the month. As I have mentioned before, the simple rules of supply and demand make things obvious why prices have continued to increase with these conditions. With 1,865 total Sales in October 2021, we saw an increase o... Read more →
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HomeLife Benchmark Titus Realty
Kevan Lewis and HomeLife Benchmark Titus Realty are leaders in the real estate community with a reputation for integrity, dedication and as equally important, we are known for achieving results. Our professional, motivated and trustworthy Team Members are committed to delivering quality service for both buyers and sellers. From the very start of your search to the day of your sale, whether it is a condo, townhouse, cottage, farm, or commercial property that you are looking to buy or sell, we are here to help you with real estate choices.
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