Market Activity Cools
Sales eased back to 229 (-23%), while new listings declined 14% to 594. After last week's rebound, market activity moderated again as we moved into the Canada Day period and the start of summer holidays.
Looking at the past several months, the Fraser Valley market continues to show a remarkably consistent pattern. Buyers remain active but selective, inventory levels remain healthy, and the 5.3% gap between list and sale price has held steady for months. Well-priced homes continue to attract interest, while ambitious pricing is being met with longer days on market.
The market continues to reward
accurate pricing, strong presentation, and realistic expectations, with strategy remaining the key to success for both buyers and sellers. 🧊📉
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