Fraser Valley home sales heat up this summer
Home sales in the Fraser Valley rebounded in July after what was classified as a lackluster market in June. There was a significant increase in home sales, which when combined with a slight decrease in new listing inventory, created a spike that helped rebound the market.
July 2019 saw 1458 sales in the Fraser Valley, taking into account all property type MLS® real estate listings. This was an 11.6 percent increase in sales when compared to June 2019 and 13 percent over sales in July of 2018.
It was an increase that was to be expected after one of the worst June real estate markets in almost 20 years. This is news that is welcomed by both buyers and sellers in the area. A return to a more balanced…