Abbotsford home sales hit summer slump

Property prices in Fraser Valley continue to decline across all types, with Abbotsford facing slow sales and high listings. Detached homes saw a 10.3% sales increase from June but remain below last year’s levels. Apartments had a slight sales rise, while townhouses dropped nearly 29%. Prices fell for all types, with detached homes at $1,180,200 and apartments dropping nearly 4%. Sellers face longer market times and must price realistically.

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