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Fraser Valley home sales remained steady in July; lowest supply in forty years
August 5, 2021
SURREY, BC – Market activity in the Fraser Valley – both sales and new listings – softened in July, however buyers continued to significantly outnumber sellers resulting in inventory reaching the lowest for the month since 1981. The Board processed a total of 2,006 property sales on its Multiple Listing ...
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Pulling Together the Records you Need when Selling
August 3, 2021
Imagine you’re viewing a home for sale. You venture to the basement, check out the furnace room, and notice the water heater. Is it owned or rented? As a potential buyer, you’d want to know. Now imagine a property you’re viewing has a brand-new gas fireplace. Nice! Is it under ...
Continue ReadingMirroring the weather, Fraser Valley’s hot housing market cooled slightly in June going from a boil to a simmer
July 6, 2021
SURREY, BC – Sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) remained robust in June however, for the first time since last September, monthly sales did not break a historical record. In June, the Board processed 2,247 sales on its MLS®, a decrease of 24 per ...
Continue ReadingNear record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand
June 3, 2021
SURREY, BC – Fraser Valley’s extraordinary pandemic real estate market continued to break sales records – for the ninth consecutive month – while at the same time, reaching near-historic levels of new listings in May. In May, the Fraser Valley Real Estate Board (FVREB) processed 2,951 sales on its Multiple ...
Continue ReadingMonthly sales and new listings in the Fraser Valley continue blistering pace; surge in inventory starting to calm prices
May 5, 2021
SURREY, BC – For the eighth consecutive month, Fraser Valley real estate saw record-breaking sales with April topping the previous monthly high set in 2016. The 2020/2021 pandemic seller’s market in the Fraser Valley has now surpassed the previous longest stretch of seven consecutive, record-breaking months, last set in 2015/2016. ...
Continue ReadingMarch shatters monthly sales and new listings records in the Fraser Valley
April 6, 2021
SURREY, BC – Fraser Valley real estate hit two historical highs in March, setting records for both sales and new listings processed in one month since the Fraser Valley Real Estate Board’s (FVREB) inception in 1921. In March, the FVREB processed 3,329 residential and commercial sales on its Multiple Listing ...
Continue ReadingAnother month, another record for property sales in the Fraser Valley
March 2, 2021
SURREY, BC – For the sixth consecutive month, Fraser Valley’s real estate market experienced property sales at levels never seen before in the 100-year history of the Fraser Valley Real Estate Board (FVREB). In February, the FVREB processed a total of 2,815 sales on its Multiple Listing Service® (MLS®), an ...
Continue ReadingFraser Valley real estate market full steam ahead in January; another record-setter for property sales
February 10, 2021
SURREY, BC – In a month that is usually one of the quietest in real estate, Fraser Valley’s market continued at a breakneck pace, producing the strongest January sales on record as well as a modest uptick in new listings. The Fraser Valley Real Estate Board processed a total ...
Continue Reading5 Ways to Add Fun to the Selling Process
January 6, 2021
When you think about selling your property, do you dwell on the possible work and stress involved? You’re not alone. Many homeowners share the same concerns. But it doesn’t have to be that way. In fact, there are plenty of ways to add some fun, anticipation, and even a sense ...
Continue ReadingRecord-shattering December caps unexpected year in Fraser Valley real estate
January 5, 2021
SURREY, BC – In a year when the real estate market was at a standstill for months due to COVID-19, total annual sales in the Fraser Valley still finished 12.4 per cent above the 10-year average due to unrelenting, pent-up consumer demand during the second half of 2020. In December, ...
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