Fraser Valley market finds comfortable pace in May as inventory reaches highest level in two years

2018-06-04T10:29:19+00:00 June 4th, 2018|Statistics|

SURREY, BC – The Fraser Valley stepped towards a more balanced market in May, with both sales and overall inventory reaching their highest points for the year. The Fraser Valley Real Estate Board processed 1,758 sales of all property types on its Multiple Listing Service® (MLS®) in May, a decrease of 35.1 per cent compared [...]

New Fraser Valley listings stood-up as spring market fails to show in April

2018-05-02T08:54:56+00:00 May 2nd, 2018|Statistics|

SURREY, BC – Buyer activity in the Fraser Valley stayed coy throughout April despite a bump in inventory across all three major residential types. The Fraser Valley Real Estate Board processed 1,708 sales of all property types on its Multiple Listing Service® (MLS®) in April, a decrease of 23.4 per cent compared to the 2,230 [...]

Spring market kicks-off with slim supply in March

2018-04-04T08:59:41+00:00 April 4th, 2018|Statistics|

SURREY, BC – While sales reached slightly above the ten-year average for the month, a lack of sufficient inventory in the Fraser Valley continued to put pressure on homebuyers in March. The Fraser Valley Real Estate Board processed 1,664 sales of all property types on its Multiple Listing Service® (MLS®) in March, a decrease of [...]

Lack of supply continues to command Fraser Valley housing market

2018-03-02T14:13:00+00:00 March 2nd, 2018|Statistics|

SURREY, BC – Despite slight increases in both active and new inventory in the Valley, overall supply in February remained well below the ten-year average for the month historically. The Fraser Valley Real Estate Board processed 1,385 sales of all property types on its Multiple Listing Service® (MLS®) in February, a decrease of 0.8 per [...]

Food banks receive $25,000 from Fraser Valley REALTORS®

2018-02-15T11:50:11+00:00 February 15th, 2018|Uncategorized|

Surrey, BC - On behalf of Fraser Valley’s 3,500-plus REALTORS®, the Fraser Valley Real Estate Board (FVREB) has donated a total of $25,000 to seven food banks across its regional area. “Fraser Valley Realtors are honoured to once again support our local food banks,” said Gopal Sahota, President of the FVREB. “Through their ongoing efforts, [...]

2018 brings more of the same for Fraser Valley real estate

2018-02-02T10:08:43+00:00 February 2nd, 2018|Statistics|

SURREY, BC – Fraser Valley housing market activity in January continued on the momentum seen throughout 2017 with year-over-year increases seen for both sales and pricing. The Fraser Valley Real Estate Board processed 1,210 sales of all property types on its Multiple Listing Service® (MLS®) in January, an increase of 24 per cent compared to [...]

Growing sales in Fraser Valley met with bump in new inventory

2017-09-05T10:06:50+00:00 June 2nd, 2017|Statistics|

SURREY, BC – The Fraser Valley saw a much-needed increase to new housing inventory entering the market in May, supporting growing demand for residential properties in the region. Last month marked the highest level of sales for the Fraser Valley since June of last year, and the second-highest level for a May historically. The Fraser [...]

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 [...]

REALTORS® endorse plan to create charitable foundation to benefit Fraser Valley communities

2017-05-17T14:45:50+00:00 September 27th, 2016|Announcements, Community|

SURREY, BC – On Monday, September 26, Fraser Valley REALTORS® voted in support of a plan that will transfer a valuable asset owned by their professional association, the Fraser Valley Real Estate Board (FVREB), into a new charitable foundation dedicated to helping those in need in the Fraser Valley. The asset is 3.5 acres of [...]