About Vanessa

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So far Vanessa has created 12 blog entries.

Sluggish sales and rising inventories see Fraser Valley moving toward a buyer’s market

2024-10-02T08:33:01-08:00October 2nd, 2024|Statistics|

SURREY, BC — With active inventories hitting levels not seen in 10 years and sales 30 per cent below the 10-year average, Fraser Valley real estate is building towards a buyer’s market if sales continue to lag.The Fraser Valley Real Estate Board recorded 982 sales in September, down by eight per cent over August and [...]

Cool summer market persists in Fraser Valley with second slowest July sales in a decade

2024-08-02T12:57:52-08:00August 2nd, 2024|Statistics|

SURREY, BC – Sluggish seasonally-adjusted sales and a continued rise in inventory has the Fraser Valley market slowly shifting to favour buyers. The Fraser Valley Real Estate Board recorded 1,230 sales in July, down by seven per cent over last month and down by 26 per cent over the 10-year seasonal average. Inventory levels in [...]

Modest increase in April home sales in the Fraser Valley takes lead from cooler spring weather

2024-05-03T07:50:25-08:00May 2nd, 2024|Statistics|

SURREY, BC – Supply of available homes in the Fraser Valley market continued to build last month, however buyers remained relatively hesitant, leading to a cooler resale market in April. The Fraser Valley Real Estate Board recorded 1,471 transactions on its Multiple Listings Service® (MLS®) in April, up 5 per cent from March, but [...]

Home sales fall for fifth straight month in the Fraser Valley

2023-12-05T11:48:32-08:00December 4th, 2023|Statistics|

SURREY, BC – The Fraser Valley real estate market continues to cool heading into the holiday season as buyers and sellers maintain the holding pattern seen over the latter half of this year. The Fraser Valley Real Estate Board recorded 891 transactions on its Multiple Listing Service® (MLS®) in November, a drop of 8 [...]

The 29th annual REALTORS Care® Blanket Drive Begins November 14

2023-10-30T15:32:55-08:00October 30th, 2023|Community|

SURREY, BC – The REALTORS Care® Blanket Drive will combine its traditional collection and distribution of warm clothes and blankets this year with an online fundraiser for partner charities. The REALTORS Care® Blanket Drive will run from November 14 to 21, 2023. The 29-year-old campaign is a partnership among the Lower Mainland’s three real estate [...]

Fraser Valley market balanced, as demand softens and prices edge lower

2023-10-04T08:19:15-08:00October 4th, 2023|Statistics|

SURREY, BC – Continued slowing sales and a healthy rise in new listings in September has brought the Fraser Valley housing market into balance. Three months of declining sales has seen Benchmark prices dip for a second straight month. The Fraser Valley Real Estate Board recorded 1,100 sales on its Multiple Listing Service® (MLS®) [...]

Fraser Valley real estate sales dip in August; prices hold steady

2023-10-03T23:15:05-08:00September 5th, 2023|Statistics|

SURREY, BC – A combination of seasonal trends and cautious anticipation of the next rate announcement saw the Fraser Valley real estate market slow in August as sales fell slightly for the second month, after reaching a 15-month high in June. The Fraser Valley Real Estate Board recorded 1,273 sales on its Multiple Listing [...]

Low supply continues to impact home pricing in the Fraser Valley: Sales increasing despite rate hikes

2023-07-05T08:31:06-08:00July 5th, 2023|Statistics|

SURREY, BC – The Fraser Valley real estate market saw strong sales activity in June with levels on par with the 10-year average for the month, amid on-going challenges with supply. In June, the Fraser Valley Real Estate Board (FVREB) processed 1,935 sales on its Multiple Listing Service® (MLS®), an increase of 51.1 per [...]

Fraser Valley real estate sales record slowest annual start in ten years; January new listings lowest in over thirty years

2023-02-02T09:46:37-08:00February 2nd, 2023|Statistics|

SURREY, BC – The downward trend in Fraser Valley real estate sales continued in January as further interest rate hikes kept buyers sidelined. With 626 transactions processed on the MLS®, sales were off by 12.6 per cent compared to last month and down by 52.2 per cent compared to this time last year. The [...]

The 28th annual REALTORS Care® Blanket Drive Begins November 14

2022-11-14T12:36:56-08:00November 9th, 2022|Community|

SURREY, BC – The REALTORS Care® Blanket Drive will combine its traditional collection and distribution of warm clothes and blankets this year with an online fundraiser for partner charities. The REALTORS Care® Blanket Drive will run from November 14 to 21, 2022. The 28-year-old campaign is a partnership among the Lower Mainland’s three real [...]

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