Blog

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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Market slows down, as Buyers shifted into the driver's seat!

Posted on Jan 04, 2019

SURREY, BC – After three consecutive years of total annual sales surpassing 20,000 units, 2018 saw the Fraser Valley real estate market return to more typical levels for both sales and inventory.



The Board’s Multiple Listing Service® (MLS®) processed 15,586 sales in 2018, a 30.2 per cent decrease compared to 2017’s 22,338 sales and the lowest total...

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Fraser Valley market stays quiet through November

Posted on Dec 04, 2018

SURREY, BC – Despite November’s market continuing at a slower pace and dropping compared to all-time highs in 2017, sales and inventory levels for the month were on par with historical averages for this time of year.


The Fraser Valley Real Estate Board processed 1,028 sales of all property types on its Multiple Listing Service® (MLS®) in November, a...

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Cannabis Cultivation: Conversations for REALTORS® and Homeowners

Posted on Nov 15, 2018




On October 17, it became legal for Canadians to grow cannabis in their own homes. Still, just because it is legal, it doesn’t mean it is a good idea. A lack of guidance when it comes to issues around remediation, not to mention lenders’ and insurers’ reluctance to take on the risk of a home where cannabis has been grown, mean that homeowners who ha...

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October brings slight bump to sales for Fraser Valley!

Posted on Nov 02, 2018

SURREY, BC – The Fraser Valley housing market saw slight increases in both total transactions and overall inventory this month after sales hit their lowest point for the year in September.

The Fraser Valley Real Estate Board processed 1,155 sales of all property types on its Multiple Listing Service® (MLS®) in October, a decrease of 35.8 per cent co...

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Resale Housing Market Forecast 2019

Posted on Oct 26, 2018

CREA Updates Resale Housing Market Forecast Ottawa, ON, September 17, 2018 The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2018 and 2019. 



Economic and demographic fundamentals remain supportive for housing...

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