The builders responsible for Court, a new condo project in the heart of Abbotsford, are quite happy being small players in the residential development market. In fact, the website for Heinrichs Developments highlights how the small team helps the company to be “approachable, efficient and cost effective” in the way that it operates.

A total of 1,028 sales were recorded through the MLS system of the Fraser Valley Real Estate Board, including 383 residential detached homes, 241 townhouses, and 286 apartments.

Board president Phil Moore attributed this and the lower prices across all property types to a “wait-and-see approach” that a substantial proportion of would-be buyers and investors have adopted for most of 2018.