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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Wednesday, October 12, 2016

Fraser Valley inventory at highest level of the year

Inventory of homes in the Fraser Valley reached its highest level of 2016 in September as sales eased.

There were 1,035 sales through the MLS of Fraser Valley Real Estate Board, down 24.4 per cent year-over-year, down 23 per cent compared to August 2016 and below the 10-year average for the month.

“What we’re experiencing is an environment where the summer sizzle has ceased, and demand is producing numbers in-line with what we’ve seen historically. It seems dramatic, as would anything else that wasn’t the incredible, continuous uptick we’ve seen for the last eighteen months,” said Charles Wiebe, Board President.

Inventory reached 6,422 despite the lowest number of new listings for 7 months. That’s a rise of 4.6 per cent compared to the previous month and up 9.2 per cent year-over-year.

The benchmark price of single-family homes in the Fraser Valley soared 37.7 per cent year-over-year to $878,100; townhomes were up 35.8 per cent to $419,300; apartment prices increased 26.5 per cent to $250,000.

MBN

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