{"id":11033,"date":"2018-12-05T10:10:03","date_gmt":"2018-12-05T18:10:03","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=11033"},"modified":"2018-12-04T12:06:27","modified_gmt":"2018-12-04T20:06:27","slug":"fvreb-market-stays-quiet-through-november","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/","title":{"rendered":"FVREB Market Stays Quiet Through November"},"content":{"rendered":"<p style=\"text-align: justify;\">SURREY, BC \u2013 Despite November\u2019s market continuing at a slower pace and dropping compared to all-time highs in 2017, sales and inventory levels for the month were on par with historical averages for this time of year.<\/p>\n<p style=\"text-align: justify;\">The Fraser Valley Real Estate Board processed 1,028 sales of all property types on its Multiple Listing Service\u00ae (MLS\u00ae) in November, a decrease of 41% compared to the 1,743 sales in November of last year, and a 11% decrease compared to sales in October 2018.<\/p>\n<p style=\"text-align: justify;\">Of the 1,028 total sales, 383 were residential detached homes, 241 were townhouses, and 286 were apartments.<\/p>\n<p style=\"text-align: justify;\">\u201cLessening demand continues to impact our market significantly,\u201d said John Barbisan, President of the Board. \u201cIn turn, that has given purchasing power back to buyers who now have more time and more options when it comes to making a decision.\u201d<\/p>\n<p style=\"text-align: justify;\">Active inventory for the Fraser Valley in November finished at 7,355 listings, decreasing 5% month-over-month and increasing 43.4% year-over-year.<\/p>\n<p style=\"text-align: justify;\">A total of 2,077 new listings were received by the Board in November, a 25.2% decrease from that received in October 2018, and a 10.6% decrease compared to November 2017.<\/p>\n<p style=\"text-align: justify;\">\u201cThe market is shifting, albeit slowly. But while buyers are enjoying a more comfortable real estate environment, sellers will have to pay attention to how these changes will affect their chances at success.<\/p>\n<p style=\"text-align: justify;\">Work with a local REALTOR\u00ae who can help you put your home in the best position to move. There are always ways to elevate your home\u2019s appeal and potential to sell, even when the market is slower.\u201d<\/p>\n<p style=\"text-align: justify;\"><strong>HPI\u00ae Benchmark Price Activity<\/strong><\/p>\n<p style=\"text-align: justify;\">\u2022 Single Family Detached : At $976,200, the Benchmark price for a single family detached home in the Fraser Valley decreased 1.1% compared to October 2018 and did not change compared to November 2017.<br \/>\n\u2022 Townhomes : At $532,800, the Benchmark price for a townhome in the Fraser Valley in the Fraser Valley decreased 1% compared to October 2018 and increased 5.4% compared to November 2017.<br \/>\n\u2022 Apartments : At $422,500, the Benchmark price for apartments\/condos in the Fraser Valley decreased 2.4% compared to October 2018 and increased 12.2% compared to November 2017.<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0 <a href=\"https:\/\/www.roryc.ca\/blog\/?attachment_id=11034\" rel=\"attachment wp-att-11034\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-11034\" src=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/12\/FVREB-RC-288x174.jpg\" alt=\"\" width=\"555\" height=\"335\" srcset=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/12\/FVREB-RC-288x174.jpg 288w, https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/12\/FVREB-RC-768x463.jpg 768w, https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/12\/FVREB-RC.jpg 888w\" sizes=\"auto, (max-width: 555px) 100vw, 555px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.fvreb.bc.ca\/statistics\/Package201811.pdf\" target=\"_blank\" rel=\"noopener\">Click here<\/a> to view the statistics package.<\/p>\n<p><a href=\"https:\/\/www.fvreb.bc.ca\/statistics\/fraser-valley-market-stays-quiet-through-november\/\" target=\"_blank\" rel=\"noopener\">Fraser Valley Market Stays Quiet Through November<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SURREY, BC \u2013 Despite November\u2019s market continuing at a slower pace and dropping compared to all-time highs in 2017, sales and inventory levels for the month were on par with &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-11033","post","type-post","status-publish","format-standard","hentry","category-market-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FVREB Market Stays Quiet Through November &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\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.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"FVREB Market Stays Quiet Through November &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"SURREY, BC \u2013 Despite November\u2019s market continuing at a slower pace and dropping compared to all-time highs in 2017, sales and inventory levels for the month were on par with &hellip; [read more]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/12\/FVREB-RC.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:site\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rory Clipsham\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/\"},\"author\":{\"name\":\"Rory Clipsham\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"headline\":\"FVREB Market Stays Quiet Through November\",\"datePublished\":\"2018-12-05T18:10:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/\"},\"wordCount\":339,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"image\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/FVREB-RC-288x174.jpg\",\"articleSection\":[\"Market Updates\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/\",\"name\":\"FVREB Market Stays Quiet Through November &#8226; Rory C Real Estate | Oakwyn Realty\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/FVREB-RC-288x174.jpg\",\"datePublished\":\"2018-12-05T18:10:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/FVREB-RC.jpg\",\"contentUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/FVREB-RC.jpg\",\"width\":888,\"height\":535},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2018\\\/12\\\/fvreb-market-stays-quiet-through-november\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FVREB Market Stays Quiet Through November\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\",\"name\":\"Rory C Real Estate | Oakwyn Realty\",\"description\":\"Rory C Real Estate Updates | Home Selling &amp; Buying\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\",\"name\":\"Rory Clipsham\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"contentUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"width\":504,\"height\":504,\"caption\":\"Rory Clipsham\"},\"logo\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.roryc.ca\\\/\",\"https:\\\/\\\/www.facebook.com\\\/pg\\\/BurnabyandCoquitlamHomes\\\/about\\\/?ref=page_internal\",\"https:\\\/\\\/www.instagram.com\\\/roryclipshamhomes\\\/\",\"https:\\\/\\\/x.com\\\/RoryClipsham\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FVREB Market Stays Quiet Through November &#8226; Rory C Real Estate | Oakwyn Realty","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.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/","twitter_card":"summary_large_image","twitter_title":"FVREB Market Stays Quiet Through November &#8226; Rory C Real Estate | Oakwyn Realty","twitter_description":"SURREY, BC \u2013 Despite November\u2019s market continuing at a slower pace and dropping compared to all-time highs in 2017, sales and inventory levels for the month were on par with &hellip; [read more]","twitter_image":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/12\/FVREB-RC.jpg","twitter_creator":"@RoryClipsham","twitter_site":"@RoryClipsham","twitter_misc":{"Written by":"Rory Clipsham","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/#article","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/"},"author":{"name":"Rory Clipsham","@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"headline":"FVREB Market Stays Quiet Through November","datePublished":"2018-12-05T18:10:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/"},"wordCount":339,"commentCount":0,"publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"image":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/#primaryimage"},"thumbnailUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/12\/FVREB-RC-288x174.jpg","articleSection":["Market Updates"],"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/","url":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/","name":"FVREB Market Stays Quiet Through November &#8226; Rory C Real Estate | Oakwyn Realty","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/#primaryimage"},"image":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/#primaryimage"},"thumbnailUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/12\/FVREB-RC-288x174.jpg","datePublished":"2018-12-05T18:10:03+00:00","breadcrumb":{"@id":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/#primaryimage","url":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/12\/FVREB-RC.jpg","contentUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/12\/FVREB-RC.jpg","width":888,"height":535},{"@type":"BreadcrumbList","@id":"https:\/\/www.roryc.ca\/blog\/2018\/12\/fvreb-market-stays-quiet-through-november\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.roryc.ca\/blog\/"},{"@type":"ListItem","position":2,"name":"FVREB Market Stays Quiet Through November"}]},{"@type":"WebSite","@id":"https:\/\/www.roryc.ca\/blog\/#website","url":"https:\/\/www.roryc.ca\/blog\/","name":"Rory C Real Estate | Oakwyn Realty","description":"Rory C Real Estate Updates | Home Selling &amp; Buying","publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.roryc.ca\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":["Person","Organization"],"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7","name":"Rory Clipsham","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","url":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","contentUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","width":504,"height":504,"caption":"Rory Clipsham"},"logo":{"@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg"},"sameAs":["http:\/\/www.roryc.ca\/","https:\/\/www.facebook.com\/pg\/BurnabyandCoquitlamHomes\/about\/?ref=page_internal","https:\/\/www.instagram.com\/roryclipshamhomes\/","https:\/\/x.com\/RoryClipsham"]}]}},"_links":{"self":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/11033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/comments?post=11033"}],"version-history":[{"count":3,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/11033\/revisions"}],"predecessor-version":[{"id":11038,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/11033\/revisions\/11038"}],"wp:attachment":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/media?parent=11033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/categories?post=11033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/tags?post=11033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}