Sales Ratio in the Fraser Valley Double Metro Vancouver

It is considered a balanced market when the Sales ratio is between 12 and 20% . Metro Vancouver had a sales ratio of 36% in October, which pales into comparison to the Fraser Valley.

Finding a home within budget Is an ongoing struggle for home buyers who have already scraped together every penny for their down payment.

Most buyers are having to re-evaluate the type of property they are looking for and may also need to consider homes outside their preferred neighbourhoods.

There are still some communities within the Fraser Valley where the sales ratio is lower.

No comments

Post Your Comment:

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.