October 2024 Home Prices Have DROPPED Lower Than October 2021! 🔥

Real Talk with Corbin | November 19, 2024 | written by Corbin Chivers

🔥 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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