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May 2010 Market Poll

This poll was conducted by the Fraser Valley Real Estate Board on all members who had sold a house during the first two weeks of each month.

* A decrease in 1st time buyers – from 34% in April to 27% in May.

* An increase in mortgage-free buyers from 12.5% in April to 22.2 % in May.

* Increase in single female buyers – from 7.2% in April to 17.5% in May.

* 10% decrease in people moving within the same community, and an increase in people moving to the Fraser Valley within BC (+4.5%) and the rest of Canada (+3.4%).

* White Rock/South Surrey increased purchases to 23.8%, and Abbotsford decreased to 15.9%.  One third of those polled had purchased in Surrey.

* Traffic to Open Houses decreased from 41 members saying they had more traffic to 12 in May who reported more traffic.

* IN April, 55% said that they were motivated by the HST, but only 35% in May.

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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Fraser Valley Real Estate Board. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.
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