Fraser Valley Real Estate Board
For Immediate Release: April 3, 2013
Lower inventory keeps home prices in check as ‘slowbut steady’ market continues.
SURREY, BC – In March, the Fraser Valley Real Estate Board processed 1,128 sales on its Multiple Listing Service®
(MLS®), a 20 per cent decrease compared to the 1,412 sales during the same month last year, and a 24 per cent
increase compared to February’s 913 sales.
The Board also received 11 per cent fewer new listings in March compared to last year – 2,736 compared to 3,066
– keeping inventory in check. March finished with 9,503 active listings, 1.5 per cent fewer than March of last year
and 3.5 per cent fewer than the 9,832 available during March of 2009; the highest volume of active...