What a year! Even though the real estate market was at a standstill for months due to COVID-19, total annual sales in the Chilliwack-Hope District still finished 18.8 per cent above the 10-year average due to intense pent-up consumer demand during the second half of 2020.
With low interest rates sticking around, prices are expected to continue to rise. If you are thinking of buying or upsizing now is a great time to consider doing so!
Make sure you talk to a mortgage broker early to get your financing 100% ready before shopping since you might not have the time before your favorite listings sell.
Give me a call or text at 604-798-3960 if you ever have more questions about the market conditions.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.