Current:  Chilliwack (+Yarrow, Rosedale, and Sardis) is in a Buyer's market with average listing inventories, 8 %SOLD rate, and the Sale Price/List Price=93%.
                        (This means that there is an average of $59,900 discount on a sale from the original list price)Lesson

Most Active Range: Homes below $800,000 have 16.3 %SOLD rate.
Least Active Range: Homes between $950,000 - $1.075 mill. have 3.1 %SOLD rate.

History: The Chilliwack Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $144,323.
               The Chilliwack Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $38,206.
                 *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Chilliwack has average Listing supply; 602 homes are for sale and with the 8 %SOLD monthly rate gives us a ~13 months of inventory. 16% of the Active Listings have reduced their price by $68,557 on average or $50,000 on median. We project Chilliwack Detached to be a continued Buyer's market.

Greater Vancouver August 2022:

The Vancouver Real Estate Market shows that 90% of Detached homes monthly prices decreased in August, and in total, the values dropped by ($21,611) on average. This is an improvement over the $27,459 drop that we had in July, and indicates stability is on the horizon. On the other hand, the Fraser Valley prices dropped a record ($52,226) on average. We continue to see a drop in sales and listing activity, so we are forecasting that the majority of the Metro Vancouver Markets will continue to be in a Buyer's Market for the next 6 months.

Currently, Both the Condo Markets and Townhouse Markets are also in a Buyer's Market, with an Average Price decrease of ($7,697) and ($12,762) respectively. We analyze and provide 97 individual City's Home Price Indexes to supply you with the MOST ACCURATE Market Trends every Saturday. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.

Fraser Valley August 2022:

August shows that monthly prices decreased in all the Fraser Valley's Detached Markets by ($52,226) on average. This is the lowest price change we've seen on Record for the month of August. This is also due to recession and inflation worries. We continue to see a drop in sales and listing activity, so we are forecasting that the majority of the Fraser Valley Markets will continue to be in a Buyer's Market for the next 6 months.

Currently, Both the Condo Markets and Townhouse Markets are in a Buyer's Market, with an Average Price decrease of ($7,697) and ($12,762) respectively. We analyze and provide 97 individual City's Home Price Index to supply you with the MOST ACCURATE Market Trends every Saturday. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.

Since 1984 RE/MAX Agents have had an edge; their monthly RE/MAX Market Reports .. It has being my privilege to expand these reports into critical marketing tools. Thank You!  Bill Coughlin

My passion to help..... I seriously dream of new marketing tools to enable you make more money! 

OK the Advanced Market Reports are tooo complicated at first glance. These reports are now split  into

• the Quick Reports for easy review
• the Advanced reports that really needs a Stats Boot Camp lesson to fully comprehend
• Forecasting for the Stats addicts like me.

Announcing the Instant Home Price Evaluator.  In the year 2012, 82% of listings from Burnaby to Chilliwack DID NOT SELL,  or were Discounted on sale an Amazing 7.8%* from the original list price!  Help to price it right has arrived! 18 % homes were listed at a salable price and sold within 3.7%* .

Our Instant Home Price Evaluator  on the right side takes just seconds and has an accuracy before adjustment of ~3.7%* of the resulting sale price 31% of the time.   * (on average)    
do call us for your custom reports and Stats Lessons  Bill Coughlin 778-374-3744

Spring 2014 Market News

 STOP  61% of 's listings from EXPIRING!