- Construction of new homes in BC went up 12% on seasonally adjusted basis.
- In Mission/Abbotsford, construction went up 9%. I find this a good sign when builders show confidence in the market.
- Good news in May: Employment in the USA finally went over the pre-financial crisis peak. A stronger US economy helps our economy and usually means more jobs and more housing sales.
- We actually have seen more multiple offers on listings than we have for years. Well located homes are attracting increased showings. Single family home listings inventory is down 16% in Abbotsford and 12% in Mission. The amount of inventory affects the market.
300 – 3303 Immel St. Abbotsford BC V2X 5Y1
1 – 32540 Logan Ave Mission BC V2V 6G3
O 604 859 3141 or 604 826 2699 F 604 859 5226 or 604 826 2621
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