Sales increase slightly as inventory hits 10-year low for the month of October

2016-11-02T10:21:50+00:00 November 2nd, 2016|Statistics|

SURREY, BC – The Fraser Valley real estate market remained active through October, with sales breaking slightly higher than the 10-year historical average for the month. The Fraser Valley Real Estate Board processed 1,463 sales of all property types on its Multiple Listing Service® (MLS®) in October, a decrease of 17.4 per cent compared to [...]

Fraser Valley sellers see deals collapse after new foreign tax announced

2017-05-17T14:45:51+00:00 August 2nd, 2016|Announcements|

SURREY, BC – On July 28, the BC legislature passed Bill 28 – Miscellaneous Statutes (Housing Priorities Initiatives) Amendment Act, introducing an additional 15 per cent Property Transfer Tax intended to deter foreign investment into the Metro Vancouver region. The tax, which takes effect today on August 2 and is due when the sale is [...]

Fraser Valley housing market remains hectic

2016-07-22T11:35:18+00:00 July 5th, 2016|Statistics|

SURREY, BC – Consistent with the preceding two months, June saw a record-setting number of sales for the month historically, but continued easing off since this year’s sales peak in March. The Fraser Valley Real Estate Board processed 2,864 sales of all property types on its Multiple Listing Service® (MLS®) in June, an increase of [...]

Demand in the Fraser Valley extends to townhomes and apartments

2016-07-05T13:34:10+00:00 June 2nd, 2016|Statistics|

SURREY, BC – Consumer demand for real estate in the Fraser Valley continued through May, with overall sales once again reaching record-breaking numbers for the month historically. The Fraser Valley Real Estate Board processed 2,911 sales on its Multiple Listing Service® (MLS®) in May, an increase of 47.8 per cent compared to May 2015. The [...]

Four-for-four in record-setting months for Fraser Valley real estate

2016-07-05T09:28:38+00:00 May 3rd, 2016|Statistics|

SURREY, BC – Once again Fraser Valley real estate saw record-breaking numbers with April sales reaching higher than any previous April historically. Last month, the Fraser Valley Real Estate Board processed 2,969 sales on its Multiple Listing Service® (MLS®), an increase of 47.8 per cent compared to April 2015. The previous record for sales processed [...]

March sees highest monthly sales on record for Fraser Valley

2016-07-05T09:27:21+00:00 April 4th, 2016|Statistics|

SURREY, BC – Fraser Valley real estate hit a historical high in March, setting the record for sales processed in one month since the Fraser Valley Real Estate Board’s (FVREB) inception in 1921. In March, the FVREB processed 3,006 sales on its Multiple Listing Service® (MLS®), an increase of 62 per cent compared to March [...]

Another record-setting month for Fraser Valley real estate

2016-07-05T09:30:21+00:00 March 2nd, 2016|Statistics|

SURREY, BC – For the second time in as many months, Fraser Valley real estate saw record-setting monthly sales. In February, the Fraser Valley Real Estate Board processed 2,387 sales on its Multiple Listing Service® (MLS®), an increase of 79 per cent compared to February 2015 and 78 per cent more then was processed in [...]

Fraser Valley real estate in hot demand throughout 2015

2016-06-27T10:12:15+00:00 January 5th, 2016|Statistics|

SURREY, BC – Fraser Valley real estate experienced its strongest year in a decade in 2015. This was the second highest year for property sales in Fraser Valley’s history, just shy of the region’s previous sales high in 2005. The Board’s Multiple Listing Service® (MLS®) processed 21,095 sales in 2015, 33 per cent more than [...]

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