{"id":8522,"date":"2020-04-07T01:29:21","date_gmt":"2020-04-07T01:29:21","guid":{"rendered":"http:\/\/schreders.ca\/?p=8522"},"modified":"2022-11-16T14:05:45","modified_gmt":"2022-11-16T19:05:45","slug":"fraser-valley-real-estate-market-march-2020","status":"publish","type":"post","link":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-march-2020\/","title":{"rendered":"Fraser Valley Real Estate Market March 2020"},"content":{"rendered":"\n

COVID-19 has put the market on pause, as REALTORS\u00ae and the public adhere to health authority rules and government guidelines on the pandemic.<\/h2>\n\n\n\n

MARCH 2020 MARKET REPORT<\/h3>\n\n\n\n

Fraser Valley Real Estate Report<\/strong><\/h4>\n\n\n\n

Despite the impact of COVID-19, the Fraser Valley Real Estate Board reported very strong sales data in March 2020; up significantly from last month and from March of 2019.  <\/p>\n\n\n\n

The bulk of these sales, however, were in the first two weeks of the month.  Prices were increasing and we were seeing many homes go into multiple offers.  <\/p>\n\n\n\n

After this, the preliminary effects of COVID-19 were beginning to be felt as sales dropped dramatically for the remainder of the month.  <\/p>\n\n\n\n

There are still some deals coming together out there, but overall the market has hit the pause button.  <\/p>\n\n\n\n

See Listed Properties For Sale in Langley BC<\/a><\/p>\n\n\n\n

Once the world starts to normalize, we expect to be off to the races.  As always, reach out anytime if you want to discuss the state of the market and how it affects your situation.<\/p>\n\n\n\n

If you are considering selling, buying or just have questions about the market<\/strong>, please give us a call today and let\u2019s chat<\/a>.<\/p>\n\n\n\n

GO TO LAST MONTHS STATS<\/a><\/strong><\/p>\n\n\n\n

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All Fraser Valley Areas Combined <\/p>\n\n\n\n