Latest News - Market Updates

Blog, Market Updates | March 7, 2024

As the chill of winter fades away and the first blooms of spring start to emerge, many in the Fraser Valley find themselves wondering: is the real estate market heating up along with the weather? Spring is traditionally a busy time in the real estate world, known for an increase in listings, more buyers entering…

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Market Updates | February 8, 2024

  Pursuing Financial Freedom: Trading the Burdens of a Large Home for a Richer Life   In the pursuit of a fulfilling life, the concept of financial freedom often takes center stage. It’s not just about accumulating wealth; it’s about having the time and resources to savour the richness of experiences that life has to…

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Market Updates | December 7, 2023

Over my 32-year career in Fraser Valley real estate, I’ve seen dramatic shifts in location value, market timing, and trends reflected in Sell-Through Rates (STR). This blog weaves together these elements, showcasing how they’ve shaped the market from a realtor’s seasoned perspective. A Realtor’s Retrospective In 1992, the Fraser Valley was a different landscape. A…

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Market Updates | November 6, 2023

In the realm of real estate investing, every decision to buy, sell, or hold carries its own set of risks and rewards, often resembling a calculated gamble. My own journey began in 1987 with a modest investment in a townhome in Abbotsford for $87,000. Fast forward to today, its value has appreciated to an approximate…

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Market Updates | September 3, 2023

In the wake of economic uncertainty, real estate often serves as a shelter in the storm. However, the dynamics of inflation and deflation bring their own set of challenges and opportunities. For real estate investors, understanding these economic conditions is crucial for effective decision-making.   Inflation’s Impact on Real Estate   Personal Story Back in…

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Market Updates | August 2, 2023

After 32 summers of selling property in the Fraser Valley real estate market, I’ve learned a thing or two about the art of selling properties during the summer months. Many real estate enthusiasts believe summer to be the prime season for property selling, given the favorable weather, extended daylight, and often a more relaxed atmosphere….

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Market Updates | July 6, 2023

Happy Canada Day and a vibrant Fourth of July to all! On this beautiful day, the United States and Canada are filled to the brim with joy, unity (questionable at times), and celebration. From lively parades and cherished family gatherings in Canada to the delightful barbecues, spectacular fireworks, and jubilant carnivals across the United States,…

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Market Updates | June 2, 2023

Kite Surfing the Fraser Valley Real Estate Market You’ve probably heard the phrase ‘riding the waves of the real estate market.’ But how about ‘kite surfing’ the market? That’s right, the Fraser Valley Real Estate Market can be akin to an adrenaline-filled session of kite surfing, with exhilarating highs and challenging lows. Just as in…

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