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MARKET UPDATE DECEMBER 2024 | NOVEMBER STATS

MARKET UPDATE DECEMBER 2024 | NOVEMBER STATS

METRO VANCOUVER & THE FRASER VALLEY

Following a healthy boost in sales in October, Fraser Valley home sales dropped in November as slower seasonal buying trends set in amid balanced market conditions. The Fraser Valley Real Estate Board recorded 1,136 sales in November, down 15 per cent from October, but 28 per cent above November 2023 sales. The Market was balanced (12 – 20% Sales Ratio) in all 3 categories. “Overall momentum is trending upwards, the bottom, in terms of pricing, is behind us” - Rick the REALTOR