Fraser Valley housing market sees sizeable drop in sales

CHILLIWACK — The Fraser Valley real estate market is seeing sales drop for a third consecutive month due to a lack of interest in single-family detached homes.
Sandra Benz, president of the Fraser Valley Real Estate Board, said that in just two months the market had experienced an overall shift due to a “softening” of demand for said dwellings.
“The condo and townhome markets, although they have moderated, continue to favour sellers as the sales-to-active listings ratios