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The Fraser Valley Real Estate Board is an association of more than 2,800 real estate professionals who live and work in the communities of North Delta, Surrey, White Rock, Langley, Abbotsford, and Mission.


Commemorating 20 years of REALTORS partnering with police

REALTORS® and police officers from across the Lower Mainland gathered this month to celebrate 20 years of partnership through the Realty Watch program. At our annual Realty Watch Police Breakfast on November 6, nearly 200 police officers and law enforcement officials learned about the effectiveness of the Realty Watch program in helping locate missing persons.

No sign of slowdown for Fraser Valley real estate market

SURREY, BC Fraser Valleys housing market remained in a sellers market in October, fuelled by low interest rates and strong consumer demand, according to the Fraser Valley Real Estate Board.

There were 1,772 sales processed on the Multiple Listing Service (MLS) in October compared with 1,448 in 2014, an increase of 22 per cent. For the month, sales are on par with the previous high in October 2005; and historically, only surpassed by the markets of October 1992 and 1989.

Jorda Maisey, President of the Board, says shes not surprised that October sales were near historic levels, BC continues to be an economic growth leader in our country and were seeing the impact of that in our housing market.

In the Fraser Valley, demand is strongest for ground-oriented homes. Single family homes and townhomes garnered 83 per cent of our residential market last month. The reasons are due to low interest rates, pent-up demand and most importantly, price. People can afford to own their own single family home in the Fraser Valley.

Seller's market continues for single family detached and townhomes in Fraser Valley

SURREY, BC Property sales in the Fraser Valley remained strong in September, consistent with the near-record setting pace of the last six months.

The Fraser Valley Real Estate Board processed 1,727 sales, an increase of 22 per cent compared to 1,419 sales during September of last year. Last months sales were on par with September 2005 and second to Septembers all-time high for sales in 1992.

Jorda Maisey is the Boards President. Sales remain brisk depending on the property type and location. Were continuing to see many family homes that are priced right receive multiple offers and sell in a matter of days. People actively looking for a home will already know that in some communities, selection is very tight.

In Langley where I live and work, we have less than two months supply of single family homes and townhomes, which means buyers and their REALTORS have to be informed, prepared and have a strategy.

Strong sales activity continues through August

SURREY, BC In August, home sales in the Fraser Valley moderated in comparison to Julys record-setting pace, however, they remained elevated compared to historical norms for the month.

There was a total of 1,734 property sales processed in August, an increase of 33 per cent compared to 1,302 sales during August of last year and a decrease of 21 per cent compared to Julys 2,184 sales.

Jorda Maisey is the Boards President. High consumer confidence and low mortgage rates continue to drive the activity weve seen in our market this summer.

Even with the holiday season, sales last month remained 25 per cent higher than the Boards 10-year average for August. This year marks one of the busiest summer markets weve ever had in the Fraser Valley, second only to 2005.

July property sales hit record levels in Fraser Valley

SURREY, BC Fraser Valley Real Estate Boards Multiple Listing Service (MLS) saw the highest number of real estate transactions ever recorded for the month of July.

There were 2,184 property sales processed, an increase of 35 per cent compared to 1,615 sales in July of last year. The previous highest July was in 2009, with 2,089 sales and prior to that in 2005.

Jorda Maisey is the Boards President. Home ownership is a passion in our country and in our region currently, conditions couldnt be better to support that goal. Interest rates are the lowest theyve been in six years, our provincial economy is on track to be the strongest in the country this year and in the Fraser Valley we have amongst the most affordable homes in the region.

This is why this summer is shaping up to be the busiest in our history.

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