Blog

Spring market kicks-off with slim supply in March

Posted on Apr 05, 2018

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 24.8 per cent compare...

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It's official: Broadway Subway and Surrey LRT will be built in $7-billion transit plan

Posted on Mar 21, 2018


After much delay, much-needed major public transit expansion is finally happening – and it is the largest expansion project in Metro Vancouver history, which includes the Millennium Line extension on Broadway in Vancouver and the new light rail transit project in Surrey.

The BC NDP provincial government has approved the necessary measures that Trans...

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Lack of supply continues to command Fraser Valley housing market

Posted on Mar 02, 2018

SURREY, BC – Despite slight increases to 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 cent compared...

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B.C. Budget 2018: Big spending on child care and housing; foreign buyer tax expanded

Posted on Feb 20, 2018

The B.C. government is offering modest relief on the rising cost of child care, housing and medical services plan premiums, funded by a raft of new tax hikes that target businesses, foreign buyers, housing speculators and expensive homes. 



THE 2018/19 B.C. BUDGET AT A GLANCE:

• A new child care program that makes care effectively free for some low-inc...

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2018 brings more of the same for Fraser Valley real estate

Posted on Feb 04, 2018

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 the 976...

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Another big year for Fraser Valley real estate

Posted on Jan 04, 2018

SURREY, BC – The Fraser Valley housing market had its second highest selling year on record in 2017, with total MLS® transactions and dollar volume sold behind only 2016’s unprecedented level of activity.
The Board’s Multiple Listing Service® (MLS®) processed 22,338 sales in 2017, 7.3 per cent less than the record of 23,974 sales set in 2016. The to...

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