SURREY, BC – The most up to date Multiple Listing Service® (MLS®) data from the Fraser Valley Real Estate Board (FVREB) indicates COVID-19 has put the market on pause, as REALTORS® and the public adhere to health authority rules and government guidelines on the pandemic. By the end of March, the FVREB processed a [...]
SURREY, BC – In February, property sales in the Fraser Valley finished slightly above the 10-year average for the month, while new listings came in 3 per cent below, keeping overall inventory at historically below-average levels. The Fraser Valley Real Estate Board processed 1,352 sales of all property types on its Multiple Listing Service® (MLS®) [...]
So much of the research about housing affordability focuses on large urban cities while skirting past suburban and rural communities like ours in the Fraser Valley. But in the Fraser Valley Real Estate Board’s Special Housing Report: Affordability in the Fraser Valley – Metro Vancouver, we take a closer look at the factors driving the [...]
SURREY, BC – January’s property sales in the Fraser Valley came in 6 per cent above the 10-year average for the month, while new listings finished 11 per cent below historical norms. The Fraser Valley Real Estate Board processed 974 sales of all property types on its Multiple Listing Service® (MLS®) in January, a 21.9 [...]
Surrey, BC - On behalf of Fraser Valley’s 3,691 REALTORS®, the Fraser Valley Real Estate Board (FVREB) has donated a total of $25,000 to six food banks in its region this year. “Many households in our region spend 50 per cent or more of their family’s income towards shelter. It doesn’t leave a lot [...]
SURREY, BC – After a sluggish first half of the year, property sales in the Fraser Valley started picking up speed in the summer and finished strong in December, but not enough to surpass last year’s sales totals. The Board’s Multiple Listing Service® (MLS®) processed 15,487 sales in 2019, a 0.6 per cent decrease [...]
SURREY, BC – A combination of unseasonably high demand and declining supply reinforced Fraser Valley’s real estate market in November. The Fraser Valley Real Estate Board processed 1,405 sales of all property types on its Multiple Listing Service® (MLS®) in November, an 11.7 per cent decrease compared to sales in October 2019, and a 36.7 [...]
SURREY, BC – The demand for Fraser Valley real estate is the strongest it’s been since the spring of 2018. The Fraser Valley Real Estate Board processed 1,592 sales of all property types on its Multiple Listing Service® (MLS®) in October, a 18.5 per cent increase compared to sales in September 2019, and a 37.8 [...]
SURREY, BC – For the third straight month, home sales in the Fraser Valley surpassed 2018 levels bringing the market back in line with long-term averages. The Fraser Valley Real Estate Board processed 1,343 sales of all property types on its Multiple Listing Service® (MLS®) in September, a 3.5 per cent increase compared to sales [...]
SURREY, BC – For the second month in a row, home sales in the Fraser Valley surpassed 2018 levels bringing the market closer to historical norms. The Fraser Valley Real Estate Board processed 1,297 sales of all property types on its Multiple Listing Service® (MLS®) in August, an 11 per cent decrease compared to sales [...]
