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  • Abbotsford Homes Sales Monthly Report: October 2009

    Buyers moving in from Greater Vancouver and first-time buyers from all over the Lower Mainland taking advantage of competitive interest rates and lower prices in the Fraser Valley were the driving force behind strong home sales in October. Although Fraser Valley’s MLS® received 7 per cent more new listings in October than it did in ...
    Posted to Abbotsford Real Estate (Weblog) by 225687 on November 4, 2009
  • Abbotsford Homes Sales Monthly Report: August 2009

    After a very hot July home sales in Fraser Valley set another record in August recording the second best August for home sales. Buyers powered by historically low interest rates and driven by the desire to move up the value chain drove the home sales to record levels. In Abbotsford single family home sales were 86% higher than August of last ...
    Posted to Abbotsford Real Estate (Weblog) by 225687 on September 4, 2009
  • The hottest July on record

    July was indeed the hottest month in Fraser Valley for both weather and real estate sales. The hot weather and home sales both broke the all time record for month of July. Fraser Valley saw the highest number of real estate transactions ever recorded for the month of July and mercury hit 38 degrees, beating the former all-time record of ...
    Posted to Abbotsford Real Estate (Weblog) by 225687 on August 5, 2009
  • Abbotsford neighborhood in top 10 hot spots

    Abbotsford neighbourhoods scored #8 on the list of hottest neighborhoods in lower mainland in a recent study. This study conducted for real estate firm Century 21 Canada was focused on finding the 21 hottest neighborhoods in Canada for realizing real estate price increases in the past year. Abbotsford neighborhoods that showed real estate price ...
    Posted to Abbotsford Real Estate (Weblog) by 225687 on June 23, 2009
  • New Housing Market Forecast

    A 25 per cent increase in Abbotsford housing starts this year has increased new home inventories while the demand is declining. A larger inventory of new homes and tough mortgage conditions are expected to reduce new home construction in 2009. Housing starts in Abbotsford are forecast to decline 31 per cent to 940 units in 2009. The most ...
    Posted to Abbotsford Real Estate (Weblog) by 225687 on November 9, 2008
  • BC house prices to keep rising.

    A report released by the Credit Union Central of British Columbia predicts housing prices will continue to rise by as much as 10 per cent this year and as much as seven per cent in 2009. Prices are rising mostly in B.C.'s urban centres, which have been remarkably insulated from the economic downturn in the United States. The ...
    Posted to Abbotsford Real Estate (Weblog) by 225687 on March 18, 2008
  • 2008 will be another great year in real estate

    The Canada Mortgage and Housing Corporation (CMHC) says that average home prices in Abbotsford will increase faster than in the rest of the Fraser Valley, projecting a 10 per cent average increase in 2008. Many buyers are looking for less expensive multiple family style homes because of escalating single detached home prices in Abbotsford. ...
    Posted to Abbotsford Real Estate (Weblog) by 225687 on January 7, 2008
  • Average Price Passes The $500000 Mark

    The average price of a single family home in the Fraser Valley is more than half a million dollars according to the latest stats. Sales were steady in the month of September and an increase in the new listing numbers was also recorded. Multiple Listing Service stats of Fraser Valley show that the average home price in the Fraser Valley ...
    Posted to Abbotsford Real Estate (Weblog) by 225687 on October 23, 2007