Despite all the chatter, real estate continues to prove itself to be an incredible investment. Prices in the Fraser Valley have increased as much as 12.2 per cent compared to November 2017. Where else do you get that kind of return? And the best part is you can often buy it with other peoples money and live in it while you pay it off. 🙂

Here are the Fraser Valley Real Estate statistics as of December 4, 2018…

HPI® Benchmark Price Activity:

• Single Family Detached: At $976,200, the Benchmark price for a single family detached home in the Fraser
Valley decreased 1.1 per cent compared to October 2018 and did not change compared to November 2017.

• Townhomes: At $532,800, the Benchmark price for a townhome in the Fraser Valley in the Fraser Valley
decreased 1 per cent compared to October 2018 and increased 5.4 per cent compared to November 2017.

• Apartments: At $422,500, the Benchmark price for apartments/condos in the Fraser Valley decreased 2.4 per
cent compared to October 2018 and increased 12.2 per cent compared to November 2017.

Click here to see the full Fraser Valley Real Estate report.