The Fraser Valley market showed a glimmer of renewed activity in October, with sales rising for the second straight month as some buyers re-enter the market in response to softer prices. Still, conditions remain tilted firmly in buyers’ favour, with inventory holding well above seasonal norms and prices continuing their seven-month slide. October’s data suggests cautious optimism — sales are improving, but the road to recovery remains gradual.
Watch this month’s Eye on the Market for a closer look at what’s driving these subtle shifts across the region.