"We remain optimistic about growing sales activity and stable pricing and don’t expect to see any drop in activity as we historically often do during Summer.
"Sales volumes remain low overall and consumers need additional time to adapt to the new reality as we re-open the economy.
"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.
"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.
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.
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.