{"id":6230,"date":"2019-07-09T00:56:53","date_gmt":"2019-07-09T00:56:53","guid":{"rendered":"https:\/\/schreders.ca\/?p=6230"},"modified":"2022-11-16T14:05:46","modified_gmt":"2022-11-16T19:05:46","slug":"fraser-valley-real-estate-market-june-2019","status":"publish","type":"post","link":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-june-2019\/","title":{"rendered":"Fraser Valley Real Estate Market June 2019"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Both buyers and sellers taking a wait\u2010and\u2010see approach in the Fraser Valley <\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"text-align:center\">JUNE 2019 STATISTICS REPORT<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Fraser Valley Real Estate Report<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"> The current slow down in the market is creating some good opportunities for buyers, especially those looking to move up.&nbsp; <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There is more inventory than we have seen recently and prices have come down.&nbsp; <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite this, with the right strategy in place it can still be a good time to sell your home. <\/p>\n\n\n\n<p style=\"text-align:center\" class=\"has-text-color has-background has-vivid-red-color has-very-light-gray-background-color wp-block-paragraph\"><a href=\"https:\/\/schreders.ca\/langley-city\/\">See Listed Properties For Sale in Langley BC<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>If you are considering selling, buying or just have questions about the market<\/strong>, please give us a call today and <a href=\"https:\/\/schreders.ca\/contact\/\">let\u2019s chat<\/a>.<\/p>\n\n\n\n<p style=\"text-align:center\" class=\"has-text-color has-background has-medium-font-size has-vivid-red-color has-very-light-gray-background-color wp-block-paragraph\"><strong><a href=\"https:\/\/schreders.ca\/fraser-valley-real-estate-market-may-2019\">GO TO LAST MONTHS STATS<\/a><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"1500\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/07\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-Infographic-2019-JUNE.png\" alt=\"Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-Infographic-2019-JUNE\" class=\"wp-image-6241\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-Infographic-2019-JUNE.png 800w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-Infographic-2019-JUNE-160x300.png 160w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-Infographic-2019-JUNE-546x1024.png 546w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/Schreder-Brothers-Real-Estate-The-Fraser-Valley-Real-Estate-Board-Report-Infographic-2019-JUNE-768x1440.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff;text-align:center\" class=\"has-text-color has-background has-large-font-size wp-block-paragraph\">All Fraser Valley Areas Combined <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Detached &#8211; SALES DOWN FROM LAST MONTH: -10.3%<\/li><li>Townhouse &#8211; SALES DOWN FROM LAST MONTH: -19.9% <\/li><li>Condo\/Apt &#8211; SALES DOWN FROM LAST MONTH: -16.9% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/04\/Schreder-Brothers-Real-Estate-Group-Langley-BC-Fraser-Valley-Real-Estate-Board-Statistic-Package-MARCH-2019-all-areas.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1005\" height=\"149\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-All-areas.png\" alt=\"FVREB - Fraser Valley Statistics Package - june 2019 - All areas\" class=\"wp-image-6231\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-All-areas.png 1005w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-All-areas-300x44.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-All-areas-768x114.png 768w\" sizes=\"auto, (max-width: 1005px) 100vw, 1005px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff;text-align:center\" class=\"has-text-color has-background has-large-font-size wp-block-paragraph\">Abbotsford<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Detached &#8211; SALES DOWN FROM LAST MONTH: -17.0%<\/li><li>Townhouse &#8211; SALES DOWN FROM LAST MONTH: -36.4% <\/li><li>Condo\/Apt &#8211; SALES UP FROM LAST MONTH: 6.5%  <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/04\/Schreder-Brothers-Real-Estate-Group-Langley-BC-Fraser-Valley-Real-Estate-Board-Statistic-Package-MARCH-2019-abbotsford.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1005\" height=\"160\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-abbotsford.png\" alt=\"FVREB - Fraser Valley Statistics Package - june 2019 - abbotsford\" class=\"wp-image-6232\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-abbotsford.png 1005w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-abbotsford-300x48.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-abbotsford-768x122.png 768w\" sizes=\"auto, (max-width: 1005px) 100vw, 1005px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff;text-align:center\" class=\"has-text-color has-background has-large-font-size wp-block-paragraph\">Mission<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Detached &#8211; SALES DOWN FROM LAST MONTH:  -16.4%<\/li><li>Townhouse &#8211; SALES UP FROM LAST MONTH:  71.4% <\/li><li>Condo\/Apt &#8211; SALES UP FROM LAST MONTH:   50.0% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/04\/Schreder-Brothers-Real-Estate-Group-Langley-BC-Fraser-Valley-Real-Estate-Board-Statistic-Package-MARCH-2019-mission.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1004\" height=\"148\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-mission.png\" alt=\"FVREB - Fraser Valley Statistics Package - june 2019 - mission\" class=\"wp-image-6233\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-mission.png 1004w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-mission-300x44.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-mission-768x113.png 768w\" sizes=\"auto, (max-width: 1004px) 100vw, 1004px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff;text-align:center\" class=\"has-text-color has-background has-large-font-size wp-block-paragraph\">White Rock \/ South Surrey<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Detached &#8211; SALES UP FROM LAST MONTH:  1.4% <\/li><li>Townhouse &#8211; SALES DOWN FROM LAST MONTH:  -25.7%  <\/li><li>Condo\/Apt &#8211; SALES DOWN FROM LAST MONTH:  -20.0%   <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/04\/Schreder-Brothers-Real-Estate-Group-Langley-BC-Fraser-Valley-Real-Estate-Board-Statistic-Package-MARCH-2019-white-rock-south-surrey.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1002\" height=\"154\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-white-rock-south-surrey.png\" alt=\"FVREB - Fraser Valley Statistics Package - june 2019 - white rock south surrey\" class=\"wp-image-6234\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-white-rock-south-surrey.png 1002w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-white-rock-south-surrey-300x46.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-white-rock-south-surrey-768x118.png 768w\" sizes=\"auto, (max-width: 1002px) 100vw, 1002px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff;text-align:center\" class=\"has-text-color has-background has-large-font-size wp-block-paragraph\">Langley<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Detached &#8211; SALES DOWN FROM LAST MONTH: -12.6% <\/li><li>Townhouse &#8211; SALES DOWN FROM LAST MONTH:  -12.9% <\/li><li>Condo\/Apt &#8211; SALES DOWN FROM LAST MONTH:  -27.2% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/04\/Schreder-Brothers-Real-Estate-Group-Langley-BC-Fraser-Valley-Real-Estate-Board-Statistic-Package-MARCH-2019-langley.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1004\" height=\"146\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-langley-002.png\" alt=\"FVREB - Fraser Valley Statistics Package - june 2019 - langley - 002\" class=\"wp-image-6236\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-langley-002.png 1004w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-langley-002-300x44.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-langley-002-768x112.png 768w\" sizes=\"auto, (max-width: 1004px) 100vw, 1004px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff;text-align:center\" class=\"has-text-color has-background has-large-font-size wp-block-paragraph\">Delta \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Detached &#8211; SALES UP FROM LAST MONTH:  11.8% <\/li><li>Townhouse &#8211; SALES DOWN FROM LAST MONTH:  -57.1% <\/li><li>Condo\/Apt &#8211; SALES UP FROM LAST MONTH: 25.0% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/04\/Schreder-Brothers-Real-Estate-Group-Langley-BC-Fraser-Valley-Real-Estate-Board-Statistic-Package-MARCH-2019-delta-north.png\"><img loading=\"lazy\" decoding=\"async\" width=\"999\" height=\"150\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-delta-north.png\" alt=\"FVREB - Fraser Valley Statistics Package - june 2019 - delta north\" class=\"wp-image-6237\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-delta-north.png 999w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-delta-north-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-delta-north-768x115.png 768w\" sizes=\"auto, (max-width: 999px) 100vw, 999px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff;text-align:center\" class=\"has-text-color has-background has-large-font-size wp-block-paragraph\">Surrey \u2013 Central<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Detached &#8211; SALES DOWN FROM LAST MONTH:  -4.8% <\/li><li>Townhouse &#8211; SALES DOWN FROM LAST MONTH:  -12.3% <\/li><li>Condo\/Apt &#8211; SALES DOWN FROM LAST MONTH:  -26.8% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/04\/Schreder-Brothers-Real-Estate-Group-Langley-BC-Fraser-Valley-Real-Estate-Board-Statistic-Package-MARCH-2019-surrey-central.png\"><img loading=\"lazy\" decoding=\"async\" width=\"999\" height=\"155\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-central.png\" alt=\"FVREB - Fraser Valley Statistics Package - june 2019 - surrey central\" class=\"wp-image-6238\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-central.png 999w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-central-300x47.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-central-768x119.png 768w\" sizes=\"auto, (max-width: 999px) 100vw, 999px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff;text-align:center\" class=\"has-text-color has-background has-large-font-size wp-block-paragraph\">Surrey \u2013 Cloverdale<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Detached &#8211; SALES DOWN FROM LAST MONTH:  -11.1% <\/li><li>Townhouse &#8211; SALES DOWN FROM LAST MONTH:  -10.8% <\/li><li>Condo\/Apt &#8211; SALES DOWN FROM LAST MONTH:  -25.9% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/04\/Schreder-Brothers-Real-Estate-Group-Langley-BC-Fraser-Valley-Real-Estate-Board-Statistic-Package-MARCH-2019-surrey-cloverdale.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1007\" height=\"147\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-cloverdale.png\" alt=\"FVREB - Fraser Valley Statistics Package - june 2019 - surrey cloverdale\" class=\"wp-image-6239\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-cloverdale.png 1007w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-cloverdale-300x44.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-cloverdale-768x112.png 768w\" sizes=\"auto, (max-width: 1007px) 100vw, 1007px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff;text-align:center\" class=\"has-text-color has-background has-large-font-size wp-block-paragraph\">Surrey \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Detached &#8211; SALES DOWN FROM LAST MONTH:  -25.5% <\/li><li>Townhouse &#8211; SALES DOWN FROM LAST MONTH:  -41.4% <\/li><li>Condo\/Apt &#8211; SALES DOWN FROM LAST MONTH:  -26.6% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/04\/Schreder-Brothers-Real-Estate-Group-Langley-BC-Fraser-Valley-Real-Estate-Board-Statistic-Package-MARCH-2019-surrey-north.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1002\" height=\"152\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-north.png\" alt=\"FVREB - Fraser Valley Statistics Package - june 2019 - surrey north\" class=\"wp-image-6240\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-north.png 1002w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-north-300x46.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2019\/07\/FVREB-Fraser-Valley-Statistics-Package-june-2019-surrey-north-768x117.png 768w\" sizes=\"auto, (max-width: 1002px) 100vw, 1002px\" \/><\/a><\/figure>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff;text-align:center\" class=\"has-text-color has-background has-large-font-size wp-block-paragraph\"> What Does The Fraser Valley Real Estate Board Have To Say?  <\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Both buyers and sellers taking a wait-and-see approach in the Fraser Valley<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">SURREY, BC \u2013 Last month\u2019s property sales in the Fraser Valley were 29.3 per cent below the 10-year sales average for June and were the second lowest total for the month since the year 2000. The number of new listings also decreased in June, coming in at 9.6 per cent below the 10-year average for the number of listings received during that month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Fraser Valley Real Estate Board processed 1,306 sales of all property types on its Multiple Listing Service\u00ae (MLS\u00ae) in June, a 13.9 per cent decrease compared to sales in May 2019, and a 10.1 per cent decrease compared to the 1,452 sales in June of last year.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Darin Germyn, President of the Board, said of the market: \u201cThe Fraser Valley market is still adjusting to the federal government\u2019s new mortgage requirements and to the provincial government\u2019s speculation and vacancy taxes. We\u2019re seeing historically low levels for home purchases in our region, and yet at the same time we\u2019re seeing some prospective sellers holding back on listing their homes; waiting to see what the market will do.<\/p><p>\u201cThis has created a great opportunity for buyers in the Fraser Valley. Inventory overall is growing; prices of typical homes have decreased on average 6 to 10 per cent over the past year and interest rates are still holding firm.\u201d<\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">There were 8,516 active listings available in the Fraser Valley at the end of June, an increase of 19.3 per cent compared to June of last year and an increase of 0.1 per cent compared to May 2019. The Board received 2,810 new listings in June, a 20.7 per cent decrease compared to May 2019\u2019s intake of 3,542 new listings and a 10.5 per cent decrease compared to June of last year.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cThere is tremendous variation in the market depending on the property type and location\u201d, added Germyn. \u201cIt\u2019s currently a buyers\u2019 market for detached homes in South Surrey\/White Rock; but is leaning towards a sellers\u2019 market for townhomes in Langley, so if you\u2019re considering taking advantage of the market slowdown, first, talk to your REALTOR\u00ae.\u201d<\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>HPI\u00ae Benchmark Price Activity<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Single Family Detached:<\/strong>&nbsp;At $960,100, the Benchmark price for a&nbsp;<em>single family detached<\/em>&nbsp;home in the Fraser Valley decreased 0.4 per cent compared to May 2019 and decreased 6.1 per cent compared to June 2018.<\/li><li><strong>Townhomes:<\/strong>&nbsp;At $525,200, the Benchmark price for a&nbsp;<em>townhome<\/em>&nbsp;in the Fraser Valley in the Fraser Valley increased 0.5 per cent compared to May 2019 and decreased 5.9 per cent compared to June 2018.<\/li><li><strong>Apartments:<\/strong>&nbsp;At $409,800, the Benchmark price for&nbsp;<em>apartments\/condos<\/em>&nbsp;in the Fraser Valley decreased 1.7 per cent compared to May 2019 and decreased 9.6 per cent compared to June 2018.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For the Fraser Valley region, the average number of days to sell an apartment in June was 37.5, and 31.6 for townhomes. Single family detached homes remained on the market for an average of 35.6 days before selling.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Find the June Statistics Package&nbsp;<a href=\"https:\/\/fvreb.bc.ca\/statistics\/Package201906.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n<hr>\n<h3 style=\"text-align: center;\">Are you a stats geek?<\/h3>\n<h4 style=\"text-align: center;\">Want to see a breakdown of all the numbers yourself? Sign up for a&nbsp;<strong>Full Monthly Statistics Package<\/strong> every month.<\/h4>\n<table style=\"background-color: #8f0509;\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"width: 100%; text-align: center;\">\n<h2><span style=\"color: #ffffff;\">Get The Full Monthly Statistics Package<\/span><\/h2>\n<p><span style=\"color: #ffffff;\">[contact-form-7 id=&#8221;825&#8243; title=&#8221;Email Form&#8221;]<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Both buyers and sellers taking a wait\u2010and\u2010see approach in the Fraser Valley JUNE 2019 STATISTICS REPORT Fraser Valley Real Estate Report The current slow down in &hellip;<\/p>\n","protected":false},"author":2,"featured_media":6242,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,64],"tags":[136],"class_list":["post-6230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-post","category-monthly-market-updates","tag-fvreb"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Both buyers and sellers taking a wait\u2010and\u2010see approach in the Fraser Valley JUNE 2019 STATISTICS REPORT Fraser Valley Real Estate Report The current slow down in the market is creating some good opportunities for buyers, especially those looking to move up. 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