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Eight months and counting, the Fraser Valley has set yet another record for monthly home sales in April, beating a streak previously set during the boom times of 2015-16.
But there seems to be a new calmness in a real estate market that has recently been so hot that it’s drawn the worried attention of bank economists, credit analysts and national policy-makers.
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“We are still seeing multiple-offers situations, but instead, for example, of 10 to 20 offers, it’s sometimes only two or more offers that come in,” said John Corrie of Abbotsford, who’s been a real estate agent since 1967.