FRASER VALLEY NEWS
Fraser Valley real estate market contracts and adapts in response to public health measures to mitigate COVID-19
SURREY, BC – As anticipated, real estate activity saw a steep decline last month in response to the pandemic lockdown, resulting in one of the slowest Aprils in Fraser Valley history. The Fraser Valley Real [...]
REALTORS® and your reputation during COVID-19
In the span of four to six weeks, COVID-19 has dramatically changed the way we think, the way we look at the world, and most importantly for you, the way you conduct your business and [...]
Canada Emergency Commercial Rent Assistance program to provide rent relief to qualifying small businesses
New Canada Emergency Commercial Rent Assistance (CECRA) program Last week, Prime Minister Trudeau introduced a new Canada Emergency Commercial Rent Assistance (CECRA) program to help small businesses impacted by COVID-19 reduce their cost of rent [...]
Protecting clients from pandemic potholes
This pandemic has put a stranglehold on more than business and social life. It has also opened up some legal and procedural potholes and pushed the normal processes of selling, buying, conveyance, contracts, deposits, writs [...]
COVID-19’s impact on the Fraser Valley market
It’s been about six weeks of the COVID effect on the housing market. How bad is it? And what do the most recent numbers tell us about what’s in store? No one is watching [...]
COVID-19: Rental subsidy application & CEBA updates
Provincial Government Renter Subsidy Application now open As part of the Province’s $5 billion action plan, the BC Temporary Rental Supplement Program gives tenants and landlords temporary support toward rent payments for renters impacted by [...]
Tenant evictions and your clients
by Paul Cowhig, Advisor, Professional Standards Last week we covered the new emergency measures in place affecting tenancy in BC suspending evictions during this COVID-19 pandemic, (except in “specific” circumstances.) But what happens if a [...]
Private showings during public health orders
by Paul Cowhig, Professional Standards Advisor We are in a remarkable moment in time – one of those rare times where everything changes… we don’t yet know how long this situation will last, and [...]
March sales and new listing data show preliminary impact of COVID-19 on Fraser Valley housing market
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 [...]