Abbotsford realty remains hot

Abbotsford real estate market is showing no signs of slowing down, not even for the winter months. Fraser Valley Real Estate Board reports more activity on the MLS (Multiple Listing Service) than last November. However the activity was lower than the October of this year which is normal for this time of the year. The highs sales numbers are due the availability of more listings than previous years years. The real estate board added 9% more listings last month compared to Nov, 2006.  Prices continue to rise for all classifications of housing. The average price of a single family detached house was up 4.9% when compared to last November. The price increase was 6.2% for townhomes and 7.5% for apartments.  For more information on buying or selling real estate in Abbotsford please contact Raj Dhaliwal at 604.614.9294.