Exciting update from the Fraser Valley housing market! In February 2024, sales surged by 32% compared to January, with new listings also rising by 18%, surpassing the 10year average. The market is buzzing with activity. Current market condition is favorable for the sellers. Average days on the market decreased across all property types. Benchmark prices saw a slight increase, with singlefamily homes rising by 1.3%, townhomes by 0.7%, and apartments by 1.2% compared to January.
Looking ahead, optimism is high for continued growth as we head into spring! Now's a great time to connect with me for expert guidance.
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Roy Pati “What’s important is you!”