{"id":13100,"date":"2021-05-10T09:00:00","date_gmt":"2021-05-10T16:00:00","guid":{"rendered":"https:\/\/www.roomvu.com\/academy\/?p=13100"},"modified":"2021-05-10T03:59:21","modified_gmt":"2021-05-10T10:59:21","slug":"market-update-fraser-valley","status":"publish","type":"post","link":"https:\/\/www.roomvu.com\/academy\/market-update-fraser-valley\/","title":{"rendered":"Market Update &#8211; Fraser Valley"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.roomvu.com\" target=\"_blank\" rel=\"roomvu.com noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"178\" src=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1024x178.jpg\" alt=\"\" class=\"wp-image-12734\" srcset=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1024x178.jpg 1024w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-300x52.jpg 300w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-768x133.jpg 768w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1536x266.jpg 1536w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-scaled.jpg 2048w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1250x217.jpg 1250w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-400x69.jpg 400w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-video\"><video controls src=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/05\/Your-Videos-to-Share.mp4\"><\/video><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-market-update-fraser-valley\">Market Update &#8211; Fraser Valley<\/h2>\n\n\n\n<p>Fraser Valley real estate continues to see record sales in April (3,016) topping the previous records set in 2015\/2016 (2,696). <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-home-sales\">Home Sales<\/h3>\n\n\n\n<p>the Fraser Valley Real Estate Board (FVREB) processed 3,016 sales on its MLS\u00ae:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>338% <span style=\"color:#00d084\" class=\"tadv-color\">increase <\/span>compared to April 2020.<\/li><li>9% % <span style=\"color:#cf2e2e\" class=\"tadv-color\">decrease <\/span>from March 2021.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-listings\">Listings <\/h3>\n\n\n\n<p>Last month the board received 5,018 new listings <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>254% <span style=\"color:#00d084\" class=\"tadv-color\">increase <\/span>compared to April 2020. <\/li><li>1% <span style=\"color:#cf2e2e\" class=\"tadv-color\">decrease <\/span>compared to March 2021.<\/li><\/ul>\n\n\n\n<p>Although it is still hard for homebuyers to buy a home, there has been evidence of a change in pace in the last couple of weeks. There are fewer multiple offers and over-priced homes stay in the market longer due to an increase in inventory. <\/p>\n\n\n\n<p>New supply in the market has reduced the speed of increasing prices. Therefore if you have a house you want to sale you need to work with a professional real estate agent to make sure your asking price is fair and realistic based on today&#8217;s market, not even yesterday&#8217;s. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Update &#8211; Fraser Valley Fraser Valley real estate continues to see record sales in April (3,016) topping the previous records set in 2015\/2016 (2,696). Home Sales the Fraser Valley Real Estate Board (FVREB) processed 3,016 sales on its MLS\u00ae: 338% increase compared to April 2020.9% % decrease from March 2021. Listings Last month the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":13104,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[917],"tags":[],"class_list":["post-13100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-trends"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.7 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Market Update - Fraser Valley - roomvu Academy<\/title>\n<meta name=\"description\" content=\"Read the latest real estate market update for Fraser Valley with all the stats and details together with a visually friendly video.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roomvu.com\/academy\/market-update-fraser-valley\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Update - Fraser Valley\" \/>\n<meta property=\"og:description\" content=\"Read the latest real estate market update for Fraser Valley with all the stats and details together with a visually friendly video.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.roomvu.com\/academy\/market-update-fraser-valley\/\" \/>\n<meta property=\"og:site_name\" content=\"roomvu Academy\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/roomvu\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-10T16:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/05\/Market-Update-Fraser-Valley.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"723\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Academy Content Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Academy Content Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Market Update - Fraser Valley - roomvu Academy","description":"Read the latest real estate market update for Fraser Valley with all the stats and details together with a visually friendly video.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.roomvu.com\/academy\/market-update-fraser-valley\/","og_locale":"en_US","og_type":"article","og_title":"Market Update - Fraser Valley","og_description":"Read the latest real estate market update for Fraser Valley with all the stats and details together with a visually friendly video.","og_url":"https:\/\/www.roomvu.com\/academy\/market-update-fraser-valley\/","og_site_name":"roomvu Academy","article_publisher":"https:\/\/www.facebook.com\/roomvu\/","article_published_time":"2021-05-10T16:00:00+00:00","og_image":[{"width":1200,"height":723,"url":"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/05\/Market-Update-Fraser-Valley.jpg","type":"image\/jpeg"}],"author":"Academy Content Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Academy Content Team","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.roomvu.com\/academy\/market-update-fraser-valley\/#article","isPartOf":{"@id":"https:\/\/www.roomvu.com\/academy\/market-update-fraser-valley\/"},"author":{"name":"Academy Content Team","@id":"https:\/\/www.roomvu.com\/academy\/#\/schema\/person\/b0b351d7f7669f578c3899b0071b4024"},"headline":"Market Update &#8211; 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