Every Fraser Valley member would like a crystal ball for the housing market. The next best thing is BCREA’s Economics department.
BCREA’s new Chief Economist, Brendon Ogmundson, put together a special market outlook video specifically for our fall all-member breakfasts detailing what’s in store for home sales and prices in our region next year.
If you attended any one of our breakfast meetings – thank you! – then you’ve already seen this video. For those who haven’t seen it – here’s a teaser – BCREA is predicting a double-digit increase in Fraser Valley homes sales next year and a modest increase in residential average prices.
Check out the 2 minute, 30 second video and feel free to share it with your clients. For more economics information, head to www.bcrea.bc.ca/what-we-do/economics.