Good news! The stats are out from the Fraser Valley Real Estate Board for April and things are looking good for buyers and sellers.
Here's some points from the FVREB report:
- Total sales in April increased 8% year over year and 17% over March, respectively
- New listings increased 13% year over year and 7% over March, rspectively
- The ratio between sales and active listings in April was the highest in 3 years- a sign of a healthy housing market
- Average days on market: Detached: 43; Townhomes: 47; apartments: 59; all property types selling faster than those recorded in April 2013
For more info from the report, click here. If you have any questions let me know, I'm always happy to help.
Image Source: The Guardian