Blog

Both buyers and sellers taking a wait-and-see approach in the Fraser Valley

Posted on Jul 03, 2019

SURREY, BC - Last month's property sales in the Fraser Valley were 29.3 per cent below the 10-year sales average for June and were the second lowest total for the month since the year 2000. The number of new listings also decreased in June, coming in at 9.6 per cent below the 10-year average for the number of listings received during that month.


The...

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Slight uptick in Fraser Valley property sales in May attributable to single family detached

Posted on Jun 04, 2019

SURREY, BC – The increase in home sales in the Fraser Valley in May compared to April is thanks to renewed interest in single family detached homes. Although total market activity remained well below historical norms – 18 per cent below the 10-year average – the sale of detached homes increased by 14.9 per cent in one month.


The Fraser Valley Real E...

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Slower than normal market still attracting buyers in the Fraser Valley

Posted on May 08, 2019

SURREY, BC – The Fraser Valley real estate market experienced its second slowest April in ten years and yet sales of certain property types and price ranges remain solid.


The Fraser Valley Real Estate Board processed 1,383 sales of all property types on its Multiple Listing Service® (MLS®) in April, a 13.3 per cent increase compared to sales in Marc...

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Fraser Valley market sees typical spring increase in March sales

Posted on Apr 04, 2019

SURREY, BC — Last month, buyers in the Fraser Valley took advantage of the continued stability in home prices and the highest inventory levels for March since 2015.
The Fraser Valley Real Estate Board processed 1,221 sales of all property types on its Multiple Listing Service® (MLS®) in March, a 24.3 per cent increase compared to sales in February 2...

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Real Estate market gears up for Spring

Posted on Mar 05, 2019

SURREY, BC – Coming off a mild January, the Fraser Valley real estate market saw an increase in sales activity and overall inventory in February along with decreased prices in several of its communities.


The Fraser Valley Real Estate Board processed 982 sales of all property types on its Multiple Listing Service® (MLS®) in February, a 25.3 per cent...

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INVENTORY RISES AND APARTMENT SALES TAKE LEAD DURING MODEST JANUARY MARKET

Posted on Feb 05, 2019

SURREY, BC – Overall inventory levels continued to recover as market activity remained moderate through January.


The Fraser Valley Real Estate Board processed 784 sales of all property types on its Multiple Listing Service® (MLS®) in January, a 2 per cent decrease compared to sales in December 2018, and a 35.2 per cent decrease compared to the 1,210...

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