Fraser Valley Real Estate Market Remains hot

Real estate market in the Fraser Valley remains active and prices are still increasing. June was another record month for real estate sales in the Fraser Valley. Listing volume was up 39% compared to last June but higher number of listing didn’t slow down the market. Prices are up across Fraser Valley. Average price of single family home was $529,678, an increase of 11.5% compared to June of 2006. Average price of a townhome was $321614 up 10.9% higher compared to the same month in last year. The average price of an apartment was up 16.2 per cent at $219935. New housing starts are also up all over British Columbia.