SURREY, BC – The Fraser Valley real estate market saw a resurgence in activity in June as the industry and consumers continue to successfully adapt to doing business during a pandemic. The Fraser Valley Real Estate Board (FVREB) processed a total of 1,718 sales on its Multiple Listing Service® (MLS®) in June, an increase of [...]
The Board will be closed on Wednesday, July 1 for the Canada Day holiday. Regular hours will resume on Thursday, July 2.
by Baldev S. Gill, Chief Executive Officer Serious risks of non-compliance to COVID-19 safety protocols It has come to the Board’s attention that some members and brokerages are not complying with WorkSafeBC’s required protocols for the real estate industry for the safe return to business during COVID-19. Per the government’s guidelines, REALTORS® should refrain [...]
In Canada, mortgage insurance is required for all home purchases involving down payments of less than 20 per cent. To curb demand from risky borrowers and to stabilize prices, the Canada Mortgage and Housing Corporation (CMHC) is introducing new rules that will make it tougher to qualify for coverage in their mortgage insurance plan. The [...]
by Paul Cowhig, Advisor, Professional Standards Whether you believe it is necessary at this time or not, all Realtors need to be vigilant in demonstrating care and concern for the health of others. Without a doubt, COVID-19 is impacting “every step a Realtor takes.” Please, for the sake of the profession, it’s too early [...]
FVREB is seeing a surge in new listings and sales in June compared to May. And that interest in homebuying is also reflected in the latest national research from Altus Group. Every spring – in early April – Altus Group surveys renters and homeowners across Canada regarding their buying intentions over the next year [...]
FVREB President Chris Shields shares his thoughts on how REALTORS® can continue to operate and enhance their business during the pandemic. Click here to hear Chris’ message. (Run time: 3 minutes 57 seconds)Source: FVREB Communications
Since Premier Horgan’s announcement about BC’s reopening of Phase 2, which includes us in real estate, we are getting a lot of calls about agents resuming open houses.I get two types of calls. One is from agents, and even a few from the public, who want to know if and how they can start holding [...]
SURREY, BC – In May, Fraser Valley listings and property sales started to bounce back as REALTORS® helped their clients adjust to the new, necessary safety measures required to buy and sell a home during the provincial state of emergency due to COVID-19. The Fraser Valley Real Estate Board (FVREB) processed a total of [...]
You’ve no doubt been hearing about the “new normal” for a few weeks now. In fact, the Board has been ensuring it’s keeping you updated on what this means, and what you – as an essential services provider – must do to adapt to the new normal.As much as we might want to, we [...]
