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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