{"id":8537,"date":"2020-05-11T13:19:51","date_gmt":"2020-05-11T13:19:51","guid":{"rendered":"http:\/\/schreders.ca\/?p=8537"},"modified":"2022-11-16T14:05:45","modified_gmt":"2022-11-16T19:05:45","slug":"fraser-valley-real-estate-market-april-2020","status":"publish","type":"post","link":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-april-2020\/","title":{"rendered":"Fraser Valley Real Estate Market April 2020"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Steep decline last month in response to the pandemic lockdown, resulting in one of the slowest Aprils in Fraser Valley history.<\/h2>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\">APRIL 2020 MARKET REPORT<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Fraser Valley Real Estate Report<\/strong><\/h4>\n\n\n\n<p>As anticipated, the number of sales and new listings was down drastically in April due to COVID-19 and related social distancing measures.&nbsp; <\/p>\n\n\n\n<p>Good homes that are well priced are still moving though, as the drop in sales is primarily attributed to a huge decrease in active listings.&nbsp; <\/p>\n\n\n\n<p>While people were determining how to be safe and figure out this whole social distancing thing, they were not comfortable listing their homes or even pulled their existing listings.&nbsp; <\/p>\n\n\n\n<p>As people are becoming more confident in how to handle the pandemic and take the necessary precautions, we are starting to see new listings pop up again.&nbsp; &nbsp;<\/p>\n\n\n\n<p>We fully expect that as soon as the pandemic starts to calm down and social distancing&nbsp;restrictions are relaxed, there will be a flurry of new listings and sales.&nbsp; <\/p>\n\n\n\n<p class=\"has-text-color has-background has-text-align-center has-vivid-red-color has-very-light-gray-background-color\"><a href=\"https:\/\/schreders.ca\/langley-city\/\">See Listed Properties For Sale in Langley BC<\/a><\/p>\n\n\n\n<p>We are preparing for a very busy summer in real estate.&nbsp; Reach out to anyone on the team to discuss further the impacts of COVID-19 on the current market, how we are handling it and our expectations of the market just around the corner.<\/p>\n\n\n\n<p><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 class=\"has-text-color has-background has-text-align-center has-medium-font-size has-vivid-red-color has-very-light-gray-background-color\"><strong><a href=\"https:\/\/schreders.ca\/blog\/fraser-valley-real-estate-market-march-2020\">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 size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"792\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/Fraser-Valley-Market-APRIL-2020-WEB-NEW.png\" alt=\"\" class=\"wp-image-8548\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/Fraser-Valley-Market-APRIL-2020-WEB-NEW.png 612w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/Fraser-Valley-Market-APRIL-2020-WEB-NEW-232x300.png 232w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff\" class=\"has-text-color has-background has-text-align-center has-large-font-size\">All Fraser Valley Areas Combined <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -54.0%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES  DOWN FROM LAST MONTH: -48.1% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  DOWN FROM LAST MONTH: -54.7% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-All-Areas-Combined-.png\"><img loading=\"lazy\" decoding=\"async\" width=\"993\" height=\"151\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-All-Areas-Combined-.png\" alt=\"\" class=\"wp-image-8539\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-All-Areas-Combined-.png 993w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-All-Areas-Combined--300x46.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-All-Areas-Combined--768x117.png 768w\" sizes=\"auto, (max-width: 993px) 100vw, 993px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff\" class=\"has-text-color has-background has-text-align-center has-large-font-size\">Abbotsford<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES  DOWN FROM LAST MONTH: -54.4%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -39.2% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -38.5%  <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-Abbotsford.png\"><img loading=\"lazy\" decoding=\"async\" width=\"994\" height=\"153\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-Abbotsford.png\" alt=\"\" class=\"wp-image-8540\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-Abbotsford.png 994w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-Abbotsford-300x46.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-Abbotsford-768x118.png 768w\" sizes=\"auto, (max-width: 994px) 100vw, 994px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff\" class=\"has-text-color has-background has-text-align-center has-large-font-size\">Mission<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -31.7%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -66.7% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  DOWN FROM LAST MONTH:   -66.7% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-Mission.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"152\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-Mission.png\" alt=\"\" class=\"wp-image-8541\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-Mission.png 1000w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-Mission-300x46.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-April-2020-Mission-768x117.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff\" class=\"has-text-color has-background has-text-align-center has-large-font-size\">White Rock \/ South Surrey<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -58.6% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES DOWN FROM LAST MONTH:  -46.2%  <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  DOWN FROM LAST MONTH:  -34.7%   <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-White-Rock-South-Surrey.png\"><img loading=\"lazy\" decoding=\"async\" width=\"998\" height=\"157\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-White-Rock-South-Surrey.png\" alt=\"\" class=\"wp-image-8542\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-White-Rock-South-Surrey.png 998w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-White-Rock-South-Surrey-300x47.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-White-Rock-South-Surrey-768x121.png 768w\" sizes=\"auto, (max-width: 998px) 100vw, 998px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff\" class=\"has-text-color has-background has-text-align-center has-large-font-size\">Langley<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  DOWN FROM LAST MONTH:  -45.8% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES DOWN  FROM LAST MONTH:  -39.2% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  DOWN FROM LAST MONTH:  -54.3% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Langley.png\"><img loading=\"lazy\" decoding=\"async\" width=\"988\" height=\"147\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Langley.png\" alt=\"\" class=\"wp-image-8543\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Langley.png 988w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Langley-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Langley-768x114.png 768w\" sizes=\"auto, (max-width: 988px) 100vw, 988px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff\" class=\"has-text-color has-background has-text-align-center has-large-font-size\">Delta \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  DOWN FROM LAST MONTH:  -55.0% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES  DOWN FROM LAST MONTH:  -86.7% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES DOWN  FROM LAST MONTH: -85.7% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Delta-North.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1001\" height=\"148\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Delta-North.png\" alt=\"\" class=\"wp-image-8549\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Delta-North.png 1001w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Delta-North-300x44.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Delta-North-768x114.png 768w\" sizes=\"auto, (max-width: 1001px) 100vw, 1001px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff\" class=\"has-text-color has-background has-text-align-center has-large-font-size\">Surrey \u2013 Central<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  DOWN FROM LAST MONTH:  -60.7% <\/li><li><strong>Townhouse<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -57.1% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -65.4% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-Central.png\"><img loading=\"lazy\" decoding=\"async\" width=\"992\" height=\"145\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-Central.png\" alt=\"\" class=\"wp-image-8545\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-Central.png 992w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-Central-300x44.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-Central-768x112.png 768w\" sizes=\"auto, (max-width: 992px) 100vw, 992px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff\" class=\"has-text-color has-background has-text-align-center has-large-font-size\">Surrey \u2013 Cloverdale<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES  DOWN  FROM LAST MONTH:  -55.1% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES  DOWN FROM LAST MONTH:  -22.5% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -50.0% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-Cloverdale.png\"><img loading=\"lazy\" decoding=\"async\" width=\"989\" height=\"142\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-Cloverdale.png\" alt=\"\" class=\"wp-image-8546\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-Cloverdale.png 989w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-Cloverdale-300x43.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-Cloverdale-768x110.png 768w\" sizes=\"auto, (max-width: 989px) 100vw, 989px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff\" class=\"has-text-color has-background has-text-align-center has-large-font-size\">Surrey \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  DOWN FROM LAST MONTH:  -54.7% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES  DOWN FROM LAST MONTH:  -65.6% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  DOWN FROM LAST MONTH:  -68.3% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-North.png\"><img loading=\"lazy\" decoding=\"async\" width=\"988\" height=\"148\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-North.png\" alt=\"\" class=\"wp-image-8547\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-North.png 988w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-North-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/05\/MLS\u00ae-Summary-Fraser-Valley-BC-april-2020-Surrey-North-768x115.png 768w\" sizes=\"auto, (max-width: 988px) 100vw, 988px\" \/><\/a><\/figure>\n\n\n\n<p style=\"background-color:#8f060b;color:#ffffff\" class=\"has-text-color has-background has-text-align-center has-large-font-size\"> What Does The Fraser Valley Real Estate Board Have To Say?  <\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Fraser Valley real estate market contracts and adapts in response to public health measures to mitigate COVID-19<\/h1>\n\n\n\n<p>SURREY, BC<strong>&nbsp;\u2013<\/strong>&nbsp;As anticipated, real estate activity saw a steep decline last month in response to the pandemic lockdown, resulting in one of the slowest Aprils in Fraser Valley history.<\/p>\n\n\n\n<p>The Fraser Valley Real Estate Board (FVREB) processed a total of 688 sales on its Multiple Listing Service\u00ae (MLS\u00ae) in April, a decrease of 52 per cent compared to sales in March and a decrease of 50 per cent compared to April of last year.<\/p>\n\n\n\n<p>According to FVREB historical data, last month\u2019s sales were on par with April sales in 1983 through to 1985; and new listings are in line with numbers last seen in April 1981.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Chris Shields, President of the Board, observes, \u201cEven though March\u2019s initial numbers promised a banner spring, we expected the market to respond this way in April. Both sales and listings contracted in tandem as we all moved swiftly to embrace the measures necessary to respond to this global pandemic. &nbsp;Given that the volume of new listings coming on stream fell even faster than sales in April, the market remains stable.\u201d<\/p><p>\u201cWhat has been most impressive is how the industry \u2013 both REALTORS\u00ae and our clients \u2013 have pivoted and adapted to innovations such as live streaming open houses and e-transactions that we anticipate will become mainstream even when physical distancing is no longer a requirement. These tools not only ensure public safety; clients appreciate their speed and efficiency.\u201d<\/p><\/blockquote>\n\n\n\n<p>The Fraser Valley Board received 1,416 new listings in April, a 47 per cent decrease compared to March\u2019s intake of 2,666 new listings and a 58 per cent decrease compared to April of last year. April finished with 5,997 active listings, a decrease of 1 per cent compared to March\u2019s inventory and a decrease of 24 per cent year-over-year.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Shields adds, \u201cAlthough we\u2019re seeing fewer transactions, it\u2019s important to emphasize that Realtors are still advising and protecting their clients every day. We were deemed a non-health essential service because there are always people who need to buy or sell a home, potentially due to the economic downturn.&nbsp; So, for those who need real estate guidance now, or who want to start preparing for the pending market rebound, feel free to call your Realtor to get the advice you need.\u201d<\/p><\/blockquote>\n\n\n\n<p>In April, the average number of days to sell an apartment was 31; 30 for townhomes and 33 for single family detached.<\/p>\n\n\n\n<p><strong>MLS\u00ae HPI Benchmark Price Activity<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Single Family Detached:<\/strong>&nbsp;At $993,400, the Benchmark price for a&nbsp;<em>single-family detached<\/em>&nbsp;home in the Fraser Valley increased 0.5 per cent compared to March and, also increased 3.0 per cent compared to April 2019.<\/li><li><strong>Townhomes:<\/strong>&nbsp;At $553,200, the Benchmark price for a&nbsp;<em>townhome<\/em>&nbsp;in the Fraser Valley increased 0.7 per cent compared to March and increased 1.4 per cent compared to April 2019.<\/li><li><strong>Apartments:<\/strong>&nbsp;At $424,100, the Benchmark price for&nbsp;<em>apartments\/condos<\/em>&nbsp;in the Fraser Valley increased 0.2 per cent compared to March and increased 0.8 per cent compared to April 2019.<\/li><\/ul>\n\n\n\n<p>Find the April Statistics Package&nbsp;<a href=\"https:\/\/fvreb.bc.ca\/statistics\/Package202004.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>Steep decline last month in response to the pandemic lockdown, resulting in one of the slowest Aprils in Fraser Valley history. APRIL 2020 MARKET REPORT Fraser &hellip;<\/p>\n","protected":false},"author":2,"featured_media":8161,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,64],"tags":[],"class_list":["post-8537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-post","category-monthly-market-updates"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/8537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/comments?post=8537"}],"version-history":[{"count":1,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/8537\/revisions"}],"predecessor-version":[{"id":70584,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/8537\/revisions\/70584"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media\/8161"}],"wp:attachment":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media?parent=8537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/categories?post=8537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/tags?post=8537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}