![](https://s.realtyninja.com/static/media/med/8817_22665aae_Copy_of_Market_Snapshot_May_2022_2.png)
Summarized by Narinder Bains,
“With inventory levels continuing on a slow and steady rise, together with slow sales, what we are seeing is a more balanced market,” said Narinder Bains, Chair of the Fraser Valley Real Estate Board. “If this trend continues, increased new listings will help to maintain a balanced market, giving buyers greater choice.”