Feb 4/08: Has the Fraser Valley Real Estate Market Levelled Off? ...
The Fraser Valley Real Estate Board has released the statistics
package for January 2008 today. Here are the highlights:
"There were 956 MLS® sales processed in January, a decrease of 4 per
cent compared to the 1,001 sales processed the same month in 2007.
However, there was an 18 per cent increase in new listings in January
2008 compared to the number received in January last year – 2,850 new
listings compared to 2,425. January’s total active inventory at 7,554
listings finished 24 per cent higher than the 6,099 active listings
during January 2007."
Read the rest of this blog entry (which includes charts/graphics)