"The market momentum created in Q1 was clearly impacted as expected with April stats taking a dramatic slide down from March last month as well as April 2019. End-users will continue to keep the market going in the short-term as buyers fully adjust to the new normal. ” Suzana Goncalves EVP, SALES

"The market had been on a steady but sustainable upward trend since late 2019 and therefore it’s obviously disappointing to see this pull back. Extent of the COVID-19 implications is still widely uncertain, but we are expecting to see the market impacted for several months as we set our sights on a

DOWNLOAD THE FULL REPORT HERE "With challenging affordability issues, entry level price points continue to be the most active and sought after product within pre-sale launches in our marketplace. The recent easing of the mortgage stress test and increasing demand in many submarkets will support an

DOWNLOAD THE FULL JANUARY 2020 PRE-SALE REPORT "Resale statistics continue to see improvement in price appreciation and sales. January saw more presale homes released than we have seen since early Fall 2019 and with a 30 percent absorption rate this is a positive sign the market is improving at a

As another year comes to a close, there has been a great deal of attention on the local real estate market these past 12 months. This year was less eventful with regards to no new taxes implemented or significant changes to financing requirements. This has been a positive respite for buyers and

DOWNLOAD THE NOVEMBER 2019 PRE-SALE REPORT “Nearly 50 per cent of the units across all projects released in 2019 have sold, with a noticeable increase in the last three months. This, along with the trending positive sales numbers in the resale market gives us an optimistic outlook for 2020.” -

DOWNLOAD THE OCTOBER 2019 PRE-SALE REPORT "We continue to see increased activity in entry-level and value-driven segments across all product types and in both resale and pre-sale. Ground orientated product in the Fraser Valley continues to perform well while activity for pre-sale concrete inventory

Over one hundred years ago, agriculture made a name for Abbotsford, and it still features prominently in the region’s economy and lifestyle. This pioneering spirit has become a legacy, instilling a sense of innovation, determination, and opportunity. Now the heart of the Fraser Valley, this urban

As lifestyles and technologies rapidly shift, so too do the needs and preferences of homeowners. The features in demand yesterday and today may be obsolete tomorrow, which is why developers and real estate marketers pay close attention to trend forecasts and study homeowner needs. It was only in the