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There's likewise been a small shift in that "some of the accepted deals are not subject-free. There is a natural correction in the market as more listings are coming for sale," Corrie included. There were 5,018 new listings in April in the Fraser Valley, which was up 254 per cent compared to last year, when the market was stalled by the COVID-19 lockdown, but down one percent compared to the previous month.
Post material Overall, however, the supply of active stock struck 6,030 in April, making it 20 per cent greater than in March and the highest it's been in 6 months. In April, the variety of Fraser Valley home sales was up 338 percent compared to last year, but was 9 per cent lower compared to March.
I just had one that had 19 provings," said Corrie. "Back 2 or three months, we were anticipating to always get 10, 12, 15 offers, maybe 20 or sometimes 30 deals. "I would anticipate, we'll get perhaps two or three or four offers (this time)." The variety of offers has come down, stated Corrie, but the "quality" of them hasn't changed much as purchasers have more options from which to pick from.
Ad This ad has not filled yet, however your short article continues below. Short article material On the other hand, the variety of residential sales in Greater Vancouver was 4,908 in April, which is 56 per cent higher than the 10-year average and set a new record for the month. This is following sales in March that were 72 per cent above the 10-year average, according to the Property Board of Greater Vancouver.
There are currently 10,245 houses noted for sale on the MLS system, a 12 percent jump compared with March, but still lagging the 10-year April average by 11 percent. Find More Details On This Page topped all property types, with 2,289 systems exchanging hands in April, followed by 1,655 separated homes and 964 townhouses.