by Baldev S. Gill, Chief Executive Officer Today’s eMemo contains the following updates: Provincial Health Officer re-introduces mandatory mask order for indoor spaces Effective Wednesday, August 25, 2021, masks must be worn in all indoor public spaces throughout the province to help reduce the transmission of COVID-19. This new order requires people 12 years of age [...]
For our July ‘Eye on the Market’, we headed to one of the most famous – and sought-after – communities in the Fraser Valley. Cloverdale is the third largest community within Surrey and is famous for it’s rodeo, railway, and historic charm. As Board President, Larry Anderson, explains, certain housing market trends in Cloverdale reflect [...]
SURREY, BC – Market activity in the Fraser Valley – both sales and new listings – softened in July, however buyers continued to significantly outnumber sellers resulting in inventory reaching the lowest for the month since 1981. The Board processed a total of 2,006 property sales on its Multiple Listing Service® (MLS®) in July, [...]
The Board will be closed on Monday, August 2 for the BC Day holiday.Regular hours will resume on Tuesday, August 3.Happy BC Day everyone!
The Board of Directors of the FVREB today approved a donation of $10,000 of behalf of members to support relief efforts for the fires in BC, as the province declares a state of emergency. FVREB is honoured to be providing support at this time of need and grateful to the Province of BC as well [...]
by Baldev S. Gill, Chief Executive OfficerToday’s eMemo contains the following updates: Federal Government designates September 30 as a public holiday: National Day for Truth and Reconciliation Bank of Canada closed for business September 30, 2021 FVREB offices to remain open until further notice from the provincial government As you may be aware, the federal government has designated [...]
Our record-breaking sales streak ended in June and it likely wasn’t a surprise to REALTORS®. You see the trends while the data is happening. The market, albeit still busy, is cooling, and the proof is in the numbers. Here’s our Board President at one of the most beautiful – and popular! – spots in all [...]
SURREY, BC – Sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) remained robust in June however, for the first time since last September, monthly sales did not break a historical record. In June, the Board processed 2,247 sales on its MLS®, a decrease of 24 per cent compared to May [...]
by Baldev S. Gill, Chief Executive Officer Today’s eMemo contains the following updates: Another Step Forward – BC Enters Step 3 of Provincial Restart Plan as of July 1, 2021 Earlier this week, we all heard the news that BC has entered into Step 3 of the Provincial Restart – A Plan to Bring Us Back [...]
Another month. Another property sales record for the Fraser Valley. But, as Larry Anderson points out in May’s ‘Eye on the Market’, there are definitive signs that changes in the market are already underway. Hint: home prices. Our Board President headed to two iconic locations in North Delta to showcase our May market statistics. Run [...]
