Market weakens as sales and prices continue to edge downward
That’s the headline in today’s press release from the Fraser Valley Real Estate Board.
Yes, high interest rates have caused a dip over past few months, but prices remain up almost 5% compared to last year. So, even though it’s a buyer’s market, sellers shouldn’t be too discouraged.
If you’d like to know what your property is worth, contact me for a free no-obligation market evaluation.