🔥 October 2024 Home Prices Have DROPPED Lower Than October 2021! 🔥
📝 Fraser Valley Market Update (Quick & Real!)
🏡 HPI Prices:
Prices fell for the 7th straight month, bringing October 2024 prices lower than October 2021!
That’s 3 YEARS of lost appreciation! 📉
📈 Sales:
Sales up 37% from September, but October was still the 10th slowest month on record. Nothing spectacular.
📊 Listings:
October 2024 had the 3rd highest October for listings ever!
🏢 Condo Listings:
Biggest buyer’s market yet! High September listings slightly dipped, creating major opportunities.
📉 Sales Ratios:
Improved from 12% in September to 17% in October.
Still a buyer’s market, contrary to mainstream headlines! 📰
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