Vancourites are cashing in on low mortgage rates and snapping up hot properties in Fraser Valley. According to MLS the Valley’s August 09 home sales increased in volume by an astounding 96% with 1,786 recorded transactions over Aug 08.
Source: The Vancouver Sun
The Fraser Valley’s real estate market remained hot through August with valley realtors recording their second highest level of sales for the month ever as a lot of move-up buyers cashing in on historically low mortgage rates.
Read the full article “Fraser Valley real estate posts hot august” in the Vancouver Sun (Sept 2, 2009).