Extremely challenging — that’s how some Fraser Valley realtors are summing up last year’s housing market, which saw the lowest annual sales in a decade.

“Definitely, we had a lower inventory compared to the previous two years,” said Fraser Valley Real Estate Board chair Narinder Bains.

According to the FVRB, the region ended the year with 14,713 sales, a decline of four per cent over 2022 and 23 per cent below the 10-year average. New listings in the Fraser Valley were also at a 10-year low, at 29,610, eight per cent below the 10-year average.

It also took a little

Natalie Davison, a Moncton-based realtor, says the inventory is at the lowest point she’s had in the past 12 months.

Financial experts are predicting interest rates will begin to drop later in the year and Davison said that should kick-start the market.

“Lower interest rates are going to mean an increased demand and I see just more of a seller’s market, low inventory in Greater Moncton this year,” said Davison.

Mike Power, the incoming chair of the New Brunswick Real Estate Board, said overall volumes were a little lower than last year, but above historical sales.

Power believes it should

Mullins will have his usual stacked team for the Punchestown Festival in a fortnight, with two-time Gold Cup winner Galopin Des Champs, Champion Hurdle hero State Man and Lossiemouth set to take their chance, but his eyes are also being drawn to Britain.

Mullins is favorite to secure the coveted title after a sensational Aintree haul last week – headlined by National success for I Am Maximus – and he intends to leave no stone unturned in his historic bid to emulate the late Vincent O’Brien, who famously prevailed in 1952-’53 and ’53-’54.

“A lot of people across the water

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A resident walks in front of townhomes in the Pulte Homes Inc. Pepper Lane development in San Jose, California, US, on Tuesday, April 21, 2015. Photographer: David Paul Morris/Bloomberg via Getty Images

LOS ANGELES – When it comes to ranking America’s fastest housing markets, it looks like only one California city makes the cut for the best.

That’s according to Redfin, which recently released its list of fastest markets in the US, based on a list of US metropolitan areas with populations of at least 750,000.

Coming in at No. 1 is Albany, NY, where the typical home sold