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RE/MAX Treeland Realty, #101 6337 198 Street Langley, BC V2Y 2E3

Elelvation Real Estate Group

August 2023

Seasonality, interest rates temper sales in the Fraser Valley

Posted on Aug 03, 2023

Fraser Valley Housing Market Statistics July 2023
SURREY, BC – After five months of successive increases, real estate sales in the Fraser Valley dropped in response to a combination of continued rising interest rates and the summer sales cycle.

The Fraser Valley Real Estate Board processed 1,368 sales in July on its Multiple Listing Service® (MLS®), a decrease of 29.3 per cent below June, but still...

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