Milan Mann Real Estate

01/07/2025

DECEMBER MARKET STATS ARE OUT!

“While the Fraser Valley saw overall balanced market conditions for most of 2024, the low levels of buying and selling activity reflected a challenging year for many as would-be buyers waited for affordability to improve,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “Interest rate cuts by the Bank of Canada along with recent government policies aimed at boosting overall housing supply and improving affordability, should help to increase market conditions in 2025.”

Here’s a little breakdown:

- Month sales up 18.8% from the same month a year before.
- The benchmark price for a single-family detached home was $1,480,400

Feel free to call if you have any questions!

SURREY, BC – Bank of Canada interest rate cuts that began mid-year were not enough to ease the affordability crisis for many home buyers in the Fraser Valley in 2024, leading to a decline in annual sales. The Fraser Valley Real Estate Board reported new listings of 35,698 for the year ended Decemb...

12/31/2024

I am so grateful to have clients like you. Happy New Year!

12/25/2024

Hope you are enjoying this holiday season with friends, family, and loved ones. Best wishes to everyone!

12/10/2024

Are you planning to purchase a new home? If so, read this article to learn about the new mortgage rules every homebuyer should know!

Are you looking to get a new mortgage? Learn more about the changing mortgage rules that will affect first-time homebuyers in Canada.

12/04/2024

NOVEMBER MARKET STATS ARE OUT!

Following a healthy boost in sales in October, Fraser Valley home sales dropped in November as slower seasonal buying trends set in amid balanced market conditions.

Here’s a little breakdown:

- November sales up 28% from the same month a year before
- There were 30% more listings for sale than the previous year
- The benchmark price for a single-family detached home was $969,500

Feel free to call if you have any questions!

SURREY, BC – Following a healthy boost in sales in October, Fraser Valley home sales dropped in November as slower seasonal buying trends set in amid balanced market conditions. The Fraser Valley Real Estate Board recorded 1,136 sales in November, down 15 per cent from October, but 28 per cent abo...

11/25/2024

Have you ever heard of "loud budgeting"? If not, click here to find out what it is and how it can help you save up to buy a home!

Buying a house is a big purchase decision. Learn budgeting tips to help you save up for a down payment, and to plan for ongoing home ownership costs such as mortgage payments, renovations, and unexpected repair costs.

11/20/2024

Curious about what's for sale right now? Click below to try my free MLS map search and find out!

11/11/2024

Remembering our heroes today and every day. Their legacy lives on in our hearts.

11/05/2024

OCTOBER MARKET STATS ARE OUT!

Home sales in the Fraser Valley increased for the first time in five months following a sizeable interest rate cut by the Bank of Canada in October.

Here’s a little breakdown:

- October sales up 37% from the same month a year before.
- There were 26% more homes listed than the previous year.
- The benchmark price for a single-family detached home was $971,700

Feel free to call if you have any questions!

SURREY, BC — Home sales in the Fraser Valley increased for the first time in five months following a sizable interest rate cut by the Bank of Canada in October. The Fraser Valley Real Estate Board recorded 1,330 sales in October, up 35 per cent from September, and 37 per cent year-over-year. “Af...

10/31/2024

Happy Halloween! Any last-minute costume ideas brewing?

10/24/2024

Find out how much your home is worth, fast & without obligation! Click below to get started!

10/15/2024

Wishing everyone an amazing Thanksgiving Day!