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Fraser Valley home sales dropped 16% from October and 17% year-over-year in November, with 943 MLS® sales amid high inventory of 9,201 active listings. New listings fell 26% month-over-month. Prices declined slightly: single-family homes averaged $1,405,500, townhomes $778,700, and condos $496,500. The market remains buyer-favorable, with longer selling times and tighter mortgage conditions affecting activity.…

The Fraser Valley remains a buyer’s market with a sales-to-active listings ratio of 10%, below the balanced market range of 12-20%. Average days to sell are 52 for detached homes, 41 for condos, and 37 for townhomes. Mortgage tightening is causing delays and higher down payment demands. Benchmark prices fell in November: detached homes to…

Buying your first home requires careful financial planning. Key mortgage terms include principal, interest, amortization, and equity. Mortgage types include fixed-rate, adjustable-rate, and government-backed loans. Preparation involves assessing financial health, saving for a down payment, and budgeting for extra costs. First-time buyers should get pre-approved, understand options, and negotiate terms. Specialized loans exist for low-income,…

کینیڈا کی رئیل اسٹیٹ مارکیٹ کی مالیت 2024 میں USD 183.8 ارب ہے، جو 2033 تک USD 231.5 ارب تک پہنچنے کی توقع ہے، جس کی سالانہ شرح نمو 2.6% ہے۔ اس ترقی کی بنیادی وجوہات میں شہری آبادی میں اضافہ، آبادی میں تیزی، سستی رہائش کی طلب اور پائیدار تعمیراتی طریقے شامل ہیں۔ ٹیکنالوجی…

Home sales in Chilliwack dropped 25.8% in October 2025 compared to the previous year, with 178 units sold versus 240. The average home price fell 5.3% to $739,510. Listings increased by 8.3% to 1,267 homes. Despite the decline, experts expect sales to improve in the fourth quarter as interest rates decrease, boosting market demand. Continue…

Rental prices in Abbotsford fell from $1,936 in September to $1,893 in October, making it the 19th cheapest city to rent in Canada. British Columbia saw a 5.8% drop in average rental prices, the largest in the country, though it remains the most expensive province for rentals. The decline reflects government efforts to increase rental…

First-time homebuyers can access various programs to ease financial burdens. The Home Buyers’ Plan (HBP) allows withdrawals from RRSPs for down payments, offering up to $35,000 tax-free. The First-Time Home Buyer Incentive provides 5% or 10% of the purchase price as a shared equity mortgage. New Brunswick offers a Home Ownership Program for low-income families,…