SURREY, BC – A noticeable lift in home sales and slight decrease in new listings bolstered the Fraser Valley housing market in July. The Fraser Valley Real Estate Board processed 1,458 sales of all property types on its Multiple Listing Service® (MLS®) in July, a 11.6 per cent increase compared to sales in June 2019, [...]
SURREY, BC – Last month’s property sales in the Fraser Valley were 29.3 per cent below the 10-year sales average for June and were the second lowest total for the month since the year 2000. The number of new listings also decreased in June, coming in at 9.6 per cent below the 10-year average for [...]
SURREY, BC – The increase in home sales in the Fraser Valley in May compared to April is thanks to renewed interest in single family detached homes. Although total market activity remained well below historical norms - 18 per cent below the 10-year average – the sale of detached homes increased by 14.9 per cent [...]
SURREY, BC – The Fraser Valley real estate market experienced its second slowest April in ten years and yet sales of certain property types and price ranges remain solid. The Fraser Valley Real Estate Board processed 1,383 sales of all property types on its Multiple Listing Service® (MLS®) in April, a 13.3 per cent [...]
SURREY, BC – Last month, buyers in the Fraser Valley took advantage of the continued stability in home prices and the highest inventory levels for March since 2015. The Fraser Valley Real Estate Board processed 1,221 sales of all property types on its Multiple Listing Service® (MLS®) in March, a 24.3 per cent increase compared [...]
SURREY, BC – Coming off a mild January, the Fraser Valley real estate market saw an increase in sales activity and overall inventory in February along with decreased prices in several of its communities. The Fraser Valley Real Estate Board processed 982 sales of all property types on its Multiple Listing Service® (MLS®) in February, [...]
SURREY, BC – The Fraser Valley Real Estate Board (FVREB) elected their 2019/2020 Board of Directors at its Annual General Meeting held on Wednesday, February 20th. Darin Germyn will assume the role of President on March 1st, following outgoing President John Barbisan. Germyn is a licensed REALTOR® of over eleven years, and a representative [...]
Surrey, BC - On behalf of Fraser Valley’s 3,637 REALTORS®, the Fraser Valley Real Estate Board (FVREB) has donated a total of $25,000 to six food banks in its regional area. “The services these six organizations provide are crucial to the health of our communities and the wellbeing of those within them,” said John Barbisan, [...]
SURREY, BC – Overall inventory levels continued to recover as market activity remained moderate through January. The Fraser Valley Real Estate Board processed 784 sales of all property types on its Multiple Listing Service® (MLS®) in January, a 2 per cent decrease compared to sales in December 2018, and a 35.2 per cent decrease [...]
SURREY, BC – After three consecutive years of total annual sales surpassing 20,000 units, 2018 saw the Fraser Valley real estate market return to more typical levels for both sales and inventory. The Board’s Multiple Listing Service® (MLS®) processed 15,586 sales in 2018, a 30.2 per cent decrease compared to 2017’s 22,338 sales and [...]
