There are more homes for sale now in the Fraser Valley than at any time in recent history, with at least 12,299 listings posted with the Fraser Valley Real Estate Board, an increase of 56 percent from July 2007.
"Buyers are now in the drivers seat and we're starting to see that reflected in home prices" said Kelvin Neufeld, Board president. Sales in July reached 1,284 properties, down 35 percent from the same month last year. The sales level is now at a more normal level, the type seen before...
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