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September 30, 2021, Office Closure National Day for Truth and Reconciliation

2021-09-09T14:33:02-08:00August 31st, 2021|Announcements|

by Rock Lefebvre, Chief Operating Officer Today’s eMemo contains the following updates: Bill C-5 recognizes September 30 of every year as a federal statutory holiday called the National Day for Truth and Reconciliation Clients of yours having a scheduled September 30th closing date on a real estate purchase or sale will most likely be required to change [...]

VIDEO: Softening of the market; but you wouldn’t know it in this part of the Fraser Valley

2021-08-19T12:00:22-08:00August 19th, 2021|Statistics|

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 [...]

Fraser Valley home sales remained steady in July; lowest supply in forty years

2021-08-12T11:16:18-08:00August 4th, 2021|Statistics|

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, [...]

FVREB Board of Directors commits funds to support relief efforts for fires in BC as province declares state of emergency

2021-07-22T15:09:22-08:00July 21st, 2021|Community|

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 [...]

New Federal Statutory Holiday – National Day for Truth and Reconciliation September 30

2021-07-22T15:07:24-08:00July 19th, 2021|Announcements|

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 [...]

Mirroring the weather, Fraser Valley’s hot housing market cooled slightly in June going from a boil to a simmer

2021-07-02T16:09:33-08:00July 5th, 2021|Statistics|

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 [...]

VIDEO: Our record-breaking sales streak continued in May, but there are signs change is underway

2021-06-24T10:19:47-08:00June 16th, 2021|Statistics|

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 [...]

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