New listings at 10-year high in 2024, but affordability still the Elephant in the room in Fraser Valley
Posted on Jan 14, 2025 in FVREB Monthly Market Report
SURREY, BC – Bank of Canada interest rate cuts that began mid-year were not enough to ease theaffordability crisis for many home buyers in the Fraser Valley in 2024, leading to a decline in annual sales.
The Fraser Valley Real Estate Board reported new listings of 35,698 for the year ended December 31, 2024,
a 10-year high and nine per cent above th...
a 10-year high and nine per cent above th...