{"id":9064,"date":"2020-08-08T14:56:41","date_gmt":"2020-08-08T14:56:41","guid":{"rendered":"http:\/\/schreders.ca\/?p=9064"},"modified":"2022-11-16T14:05:44","modified_gmt":"2022-11-16T19:05:44","slug":"fraser-valley-real-estate-market-july-2020","status":"publish","type":"post","link":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-july-2020\/","title":{"rendered":"Fraser Valley Real Estate Market July 2020"},"content":{"rendered":"\n<h2 class=\"has-text-color wp-block-heading\" style=\"color:#8f060b\">The Fraser Valley real estate market saw second-highest number of both property sales and new listings ever recorded in July.<\/h2>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\">JULY 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>It is hot; aren&#8217;t we all supposed to be on vacation??&nbsp; The summer months are typically quiet when it comes to real estate, but as we well know, 2020 has not been a typical year.&nbsp; <\/p>\n\n\n\n<p>The Fraser Valley Real Estate Board saw the second-highest number of both property sales and new listings ever recorded in July.&nbsp; As Realtors continue to work hard to ensure that clients can view homes safely and confidently, the pent up spring demand caused by the pandemic continues to unfold.&nbsp; <\/p>\n\n\n\n<p>Buyers are taking advantage of almost all-time low interest rates and the supply of homes for sale still does not meet the demand in most segments of the market.&nbsp; <\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-very-light-gray-background-color has-text-color has-background\"><a href=\"https:\/\/schreders.ca\/langley-city\/\">See Listed Properties For Sale in Langley BC<\/a><\/p>\n\n\n\n<p>This is resulting in prices rising in a strong seller&#8217;s market.&nbsp; As always, feel free to reach out if you are curious as to what this means for your current or future plans.<\/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-align-center has-vivid-red-color has-very-light-gray-background-color has-text-color has-background has-medium-font-size\"><strong><a href=\"https:\/\/schreders.ca\/blog\/fraser-valley-real-estate-market-june-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=\"1000\" height=\"1294\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/Fraser-Valley-Market-2020-JULY-WEB.png\" alt=\"\" class=\"wp-image-9076\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/Fraser-Valley-Market-2020-JULY-WEB.png 1000w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/Fraser-Valley-Market-2020-JULY-WEB-232x300.png 232w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/Fraser-Valley-Market-2020-JULY-WEB-791x1024.png 791w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/Fraser-Valley-Market-2020-JULY-WEB-768x994.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">All Fraser Valley Areas Combined <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES UP FROM LAST MONTH: 32.0%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES  UP FROM LAST MONTH: 23.1% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  UP FROM LAST MONTH: 5.7% <\/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\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined.png\"><img loading=\"lazy\" decoding=\"async\" width=\"989\" height=\"150\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined.png\" alt=\"\" class=\"wp-image-9077\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined.png 989w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined-300x46.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined-768x116.png 768w\" sizes=\"auto, (max-width: 989px) 100vw, 989px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Abbotsford<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES  UP FROM LAST MONTH: 23.5%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES UP FROM LAST MONTH: 18.8% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -20.3%  <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford.png\"><img loading=\"lazy\" decoding=\"async\" width=\"981\" height=\"149\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford.png\" alt=\"\" class=\"wp-image-9078\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford.png 981w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford-300x46.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford-768x117.png 768w\" sizes=\"auto, (max-width: 981px) 100vw, 981px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Mission<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES UP FROM LAST MONTH:  76.7%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES UP FROM LAST MONTH:  50.0% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  DOWN FROM LAST MONTH:   -40.0% <\/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\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission.png\"><img loading=\"lazy\" decoding=\"async\" width=\"989\" height=\"149\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission.png\" alt=\"\" class=\"wp-image-9079\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission.png 989w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission-768x116.png 768w\" sizes=\"auto, (max-width: 989px) 100vw, 989px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">White Rock \/ South Surrey<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES UP FROM LAST MONTH:  31.3% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES UP FROM LAST MONTH:  23.6%  <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES CHANGE FROM LAST MONTH:  0.0%   <\/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\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey.png\"><img loading=\"lazy\" decoding=\"async\" width=\"985\" height=\"262\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey.png\" alt=\"\" class=\"wp-image-9080\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey.png 985w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey-300x80.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey-768x204.png 768w\" sizes=\"auto, (max-width: 985px) 100vw, 985px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Langley<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  DOWN FROM LAST MONTH:  -9.2% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES UP  FROM LAST MONTH:  38.9% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  UP FROM LAST MONTH:  20.2% <\/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\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley.png\"><img loading=\"lazy\" decoding=\"async\" width=\"982\" height=\"147\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley.png\" alt=\"\" class=\"wp-image-9081\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley.png 982w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley-768x115.png 768w\" sizes=\"auto, (max-width: 982px) 100vw, 982px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Delta \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  UP FROM LAST MONTH:  39.5% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES  UP FROM LAST MONTH:  75.0% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES DOWN  FROM LAST MONTH: -28.6% <\/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\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North.png\"><img loading=\"lazy\" decoding=\"async\" width=\"984\" height=\"144\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North.png\" alt=\"\" class=\"wp-image-9082\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North.png 984w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North-300x44.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North-768x112.png 768w\" sizes=\"auto, (max-width: 984px) 100vw, 984px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 Central<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  UP FROM LAST MONTH:  53.7% <\/li><li><strong>Townhouse<\/strong> &#8211; SALES UP FROM LAST MONTH:  13.4% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH:  3.7% <\/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\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central.png\"><img loading=\"lazy\" decoding=\"async\" width=\"982\" height=\"147\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central.png\" alt=\"\" class=\"wp-image-9083\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central.png 982w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central-768x115.png 768w\" sizes=\"auto, (max-width: 982px) 100vw, 982px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 Cloverdale<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES  UP  FROM LAST MONTH:  43.8% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES  UP FROM LAST MONTH:  12.7% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH:  114.3% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale.png\"><img loading=\"lazy\" decoding=\"async\" width=\"985\" height=\"149\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale.png\" alt=\"\" class=\"wp-image-9084\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale.png 985w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale-768x116.png 768w\" sizes=\"auto, (max-width: 985px) 100vw, 985px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  UP FROM LAST MONTH:  64.4% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES  UP FROM LAST MONTH:  13.0% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  UP FROM LAST MONTH:  5.9% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North.png\"><img loading=\"lazy\" decoding=\"async\" width=\"994\" height=\"148\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North.png\" alt=\"\" class=\"wp-image-9085\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North.png 994w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/08\/July-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North-768x114.png 768w\" sizes=\"auto, (max-width: 994px) 100vw, 994px\" \/><\/a><\/figure>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\"> What Does The Fraser Valley Real Estate Board Have To Say?  <\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Sales and new listings reach near record-setting numbers in the Fraser Valley<\/h1>\n\n\n\n<p><strong>SURREY, BC \u2013<\/strong>&nbsp;The Fraser Valley Real Estate Board\u2019s Multiple Listing Service\u00ae (MLS\u00ae) saw the second-highest number of both property sales and new listings ever recorded in July.<\/p>\n\n\n\n<p>The FVREB processed a total of 2,100 sales in July, an increase of 22.2 per cent compared to sales in June and an increase of 44 per cent compared to the 1,458 sales during July of last year. Last month\u2019s sales were 25.5 per cent above the ten-year average for July and second only to July 2015.<\/p>\n\n\n\n<p>Chris Shields, President of the Board, observes, \u201cIn the context of the current pandemic environment, our market is significantly ahead of what we anticipated. We\u2019re seeing market conditions representing a seller\u2019s market for townhomes and single-family homes in the Fraser Valley. For example, in North Delta, Cloverdale, Langley, Abbotsford and Mission, for every 100 active detached listings, 40 or more sold in July.\u201d<\/p>\n\n\n\n<p>\u201cWe attribute it to continued pent-up demand from what would have been a strong spring market for us; and clearly, near record-setting low interest rates. Buyers should take note that in some of our communities, the lack of supply and increase in demand is putting upward pressure on home prices. The average price of a detached home in our region set a record high in July, last set two years ago during the same month.\u201d<\/p>\n\n\n\n<p>The Fraser Valley Board received 3,549 new listings in July, a 2.7 per cent increase compared to June\u2019s intake of 3,456 new listings and a 26.9 per cent increase compared to July of last year. July\u2019s new listings were 18.3 per cent above the ten-year average for the month and second only to July 2008.&nbsp; Last month finished with 7,341 active listings, an increase of 3.9 per cent compared to June\u2019s inventory and a decrease of 12 per cent year-over-year.<\/p>\n\n\n\n<p>Baldev Gill, Chief Executive Officer of the Board, adds, \u201cThe real estate profession has worked hard to make the buying and selling process safe during this pandemic and consumers have responded. Homeownership is a prudent, long-term investment strategy that isn\u2019t as vulnerable to short-term fluctuations, and in this period of economic uncertainty, it\u2019s encouraging to see the strong demand currently for Fraser Valley real estate.\u201d<\/p>\n\n\n\n<p>In July, the average number of days to sell an apartment was 34; 28 for townhomes and 34 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 $1,008,000, the Benchmark price for a&nbsp;<em>single-family detached<\/em>&nbsp;home in the Fraser Valley increased 1.4 per cent compared to June and, increased 5.3 per cent compared to July 2019.<\/li><li><strong>Townhomes:<\/strong>&nbsp;At $563,200, the Benchmark price for a&nbsp;<em>townhome<\/em>&nbsp;in the Fraser Valley increased 0.6 per cent compared to June and increased 3.3 per cent compared to July 2019.<\/li><li><strong>Apartments:<\/strong>&nbsp;At $437,300, the Benchmark price for&nbsp;<em>apartments\/condos<\/em>&nbsp;in the Fraser Valley increased 0.5 per cent compared to June and increased 3.8 per cent compared to July 2019.<\/li><\/ul>\n\n\n\n<p>Find the July Statistics Package&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/fvreb.bc.ca\/statistics\/Package202007.pdf\" target=\"_blank\">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>The Fraser Valley real estate market saw second-highest number of both property sales and new listings ever recorded in July. JULY 2020 MARKET REPORT Fraser Valley &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-9064","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\/9064","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=9064"}],"version-history":[{"count":1,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/9064\/revisions"}],"predecessor-version":[{"id":70569,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/9064\/revisions\/70569"}],"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=9064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/categories?post=9064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/tags?post=9064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}