What the Benchmark Price Will Buy You in the Fraser Valley
The Fraser Valley real estate market is heating up, with detached sales up 50 per cent in December. Here?s what you can buy at typical prices in five areas
Vashti Singh
Other
Last year was the strongest in a decade for Fraser Valley real estate, according to the latest stats issued by the Fraser Valley Real Estate Board (FVREB).
The benchmark price of a single-family home in the Fraser Valley in December was $672,400, a rise of 17.3 per cent compared with December 2014’s price. With detached house sales up 50 per cent year-over-year in December, we wanted to see what the benchmark price for a home will buy you in five Fraser Valley neighbourhoods.
We’ve found some of the best values in the Fraser Valley detached house market. Also check out our handy infographic for the benchmark prices of condos and townhouses – as well as single-family houses – in areas throughout the Valley
© 2016 Real Estate Weekly