News

August 2024 Monthly Market Update  

Posted on Aug 14, 2024



 

Average Sale Price: $2,105,258 | +2.9%


Sales:

  • July Sales: 49 (similar to last July, but down 44% since May)
  • Percentage of Homes Sold in July: 6%
  • Distribution: 65% of sold homes were under $2M, 35% were above $2M
 

Market Conditions:

  • Active Listings: 576 (up 32.1%)
  • Inventory Levels: Reached a 4-year high since September 2020
 

Market Analysis

The South Surrey...

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Rate Cut July 2024 - What does this mean for the market?

Posted on Jul 24, 2024 in Amanda's Thoughts


The recent cut by the Bank of Canada, bringing the key interest rate down to 4.5%, signals a promising shift in the economic landscape 📉. Governor Tiff Macklem emphasized that if inflation continues to ease, we can anticipate further reductions 📊. Following a similar cut last month, this move highlights a positive trend that can significantly impac...

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July Monthly Market Update

Posted on Jul 11, 2024




I am excited to share that I have joined The Agency, a vibrant new brokerage in White Rock! This transition allows me to offer exceptional marketing for your listings, utilizing innovative strategies and cutting-edge tools. As part of a team of exceptional realtors, we are dedicated to providing you with the best service when selling your home. Our...

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June Monthly Market Update 

Posted on Jun 12, 2024 in Monthly Market Updates

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I filmed this month's monthly market update from my gorgeous listing, 17371 1 Ave in Pacific Douglas, aka “Summerfield.” This is a fabulous family home with 4 bedrooms upstairs (a rare find) and a legal suite in the basement, full of natural light. Perfect as a mortgage helper or for grandparents. Here is my latest update...

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May Monthly Market Update

Posted on May 21, 2024 in Monthly Market Updates

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This monthly market update was filmed at my listing at 107 1360 Martin Street. It is a beautiful ground-level condo with 2 beds and 2 baths opening up to an oversized west-facing patio. You don't want to miss this one!  

Market Recap:

Supply of available homes in the Fraser Valley continued to grow throughout April, marking...

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