Jan 2009 survey of home buyers in the Lower Mainland

Supplied by the Fraser Valley Real Estate Board: Survey conducted by Mustel Group in Jan2009. random selection of 1,100 residents (350 in the FV) who had either bought or sold a home or residential property in 2008.

Some interesting information to extrapolate for the Fraser Valley area:

Most useful source of information about homes for sale:
* Internet: 55%
* Realtor: 30%
* Real Estate Weekly: 6%
* Local Newspaper: 4%
* Yard signs: 2%
* Daily newspaper: 1%

Who is buying?
* 26% are first-time buyers.

What did they buy?
* 91% bought a resale home.
* 56% bought a detached home, 21% bought a townhouse, 19% a condominium, 2% a duplex


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