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Monday, March 4, 2024 - Sales, listings continue to pick up heading into spring

 Home sales in the Fraser Valley posted a second consecutive bump in February as new listings continue to rise and trend slightly above the 10-year seasonal average. The Fraser Valley Real Estate Board recorded 1,235 transactions on its Multiple Listing Service® (MLS®) in February, a 32 per cent increase over January but still 21 per cent below the 10-year average for sales in the region. New listings increased to 2,797 in February, up 18 per cent from January and 4 per cent above the 10-year ... Full Article...
posted in General at Mon, 04 Mar 2024 23:29:54 +0000

Friday, February 2, 2024 - Signs of stability in Fraser Valley housing market

The Fraser Valley real estate market showed signs of recovery in January as home sales rose after six consecutive months of decline, and new listings more than doubled. The Fraser Valley Real Estate Board recorded 938 transactions on its Multiple Listing Service® (MLS®) in January, a 12 per cent increase over December and below the 10-year average for sales in the region. At 2,368, new listings increased 151 per cent in January, rebounding strongly from the seasonal lull seen in December. This ... Full Article...
posted in General at Fri, 02 Feb 2024 18:51:08 +0000

Thursday, January 4, 2024 - Fraser Valley closes out 2023 with lowest annual sales recorded in 10 years

High interest rates kept a lid on sales and listings in the Fraser Valley in 2023, while holding year-over-year price growth to low single digits. The Fraser Valley region ended the year with 14,713 sales recorded on its Multiple Listing Service® (MLS®), a decline of four per cent over 2022 and 23 per cent below the 10-year average. New listings in the Fraser Valley were also at a 10-year low, at 29,610, eight per cent below the 10-year average. The composite Benchmark home price in the Fraser ... Full Article...
posted in General at Thu, 04 Jan 2024 19:34:30 +0000

Monday, December 4, 2023 - Home sales fall for fifth straight month in the Fraser Valley

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 Novembe, a drop of 8 per cent from the previous month, representing the 9th slowest November in a decade. At 2,030 new listings also fell again, decreasing by 20 per cent from October and by 43 per cent since peaking ... Full Article...
posted in General at Mon, 04 Dec 2023 19:20:38 +0000

Thursday, November 2, 2023 - Fraser Valley real estate market weakens as sales and prices continue to edge downward

Property sales and new listings in the Fraser Valley fell again in October as consumers continued to put home buying and selling decisions on hold in the face of elevated interest rates.   The Fraser Valley Real Estate Board recorded 970 transactions on its Multiple Listing Service® (MLS®) in October, a drop of 12 per cent from the previous month and the fourth consecutive decrease since the 12-month high of 1,935 sales recorded in June. At 2,535, new listings also fell again, decreasing by 11 ... Full Article...
posted in General at Thu, 02 Nov 2023 18:08:58 +0000

Wednesday, October 4, 2023 - Fraser Valley market balanced, as demand softens and prices edge lower

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®) in September 2023, a decrease of 13.6 per cent compared to August. Sales were up 22.6 per cent compared to September 2022. New listings rose to 2,860 in September, an increase of ... Full Article...
posted in General at Wed, 04 Oct 2023 17:46:16 +0000

Wednesday, September 6, 2023 - Fraser Valley real estate sales dip in August; prices hold steady

 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 Service (MLS®) in August 2023, a decrease of 6.9 per cent compared to July. Sales were up 25.2 per cent compared to August 2022. New listings dropped to 2,622 in August, a decrease of 8.2 ... Full Article...
posted in General at Wed, 06 Sep 2023 15:20:42 +0000

Wednesday, August 2, 2023 - Seasonality, interest rates temper sales in the Fraser Valley

After five months of successive increases, real estate sales in the Fraser Valley dropped in response to a combination of continued rising interest rates and the summer sales cycle. The Fraser Valley Real Estate Board processed 1,368 sales in July on its Multiple Listing Service® (MLS®), a decrease of 29.3 per cent below June, but still 37.8 per cent above July 2022. July new listings, at 2,855, were also down by 16.6 per cent compared to last month but 19.7 per cent higher than July 2022 ...
posted in General at Wed, 02 Aug 2023 19:02:24 +0000

Thursday, July 6, 2023 - Low supply continues to impact home pricing in the Fraser Valley: Sales increasing despite rate hike

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 cent compared to June 2022 and a 13.1 per cent increase compared to May. "As seen in recent months, prices continue to trend upward, with lack of supply and high demand for housing," said ... Full Article...
posted in General at Thu, 06 Jul 2023 21:47:51 +0000

Saturday, June 3, 2023 - Delayed spring activity boosts supply of property listings in the Fraser Valley

The Fraser Valley real estate market saw an injection of supply in May as new listings surged by more than 40 per cent over April. At 3,533, new listings were just below May 2022 levels (3,631) but slightly higher (2.7 per cent) than the ten-year average for the region. A welcome trend towards alleviating housing supply issues. "Typically we would see an influx of inventory earlier in the spring sales cycle," said Narinder Bains, Chair of the Fraser Valley Real Estate Board. "The series of ...
posted in General at Sat, 03 Jun 2023 01:48:41 +0000

Tuesday, May 2, 2023 - Spring sales hold steady in Fraser Valley real estate market

Despite persistent inventory shortfalls, housing sales in the Fraser Valley remained steady in April as buyers took advantage of the continued pause in interest rate hikes. In April, the Fraser Valley Real Estate Board (FVREB) processed 1,554 sales on its Multiple Listing Service® (MLS®), virtually unchanged compared to March and a slight decrease of 5.1 per cent compared to April 2022. "Buyers are continuing to find opportunities in the Fraser Valley, even in the face of lower inventories," ... Full Article...
posted in General at Tue, 02 May 2023 22:12:08 +0000

Wednesday, April 5, 2023 - Momentum continues to build in the Fraser Valley real estate market

March 2023 saw the second consecutive month of growth in sales in the Fraser Valley, and although still below seasonal norms, the trend is an encouraging sign that the region continues to head towards increased market stability. At 1,550, property sales posted on the FVREB's Multiple Listings Service (MLS®) were 72.6 per cent higher than sales recorded last month. Although 39.9 per cent lower than a year ago and nearly 25 per cent below the ten-year average, it marks the first time since August ... Full Article...
posted in General at Wed, 05 Apr 2023 01:00:08 +0000

Wednesday, March 8, 2023 - JUST RELEASED

Bank of Canada Interest Rate Announcement - March 8, 2023 As signalled in its previous interest rate announcement, The Bank of Canada maintained its overnight rate at 4.5 per cent this morning. In the statement accompanying the decision, the Bank noted that restrictive monetary policy is weighing on demand and it expects weak economic growth for the next couple of quarters. That weak growth should moderate wage growth in a currently tight labour market and ease competitive pressures on prices, ... Full Article...
posted in General at Wed, 08 Mar 2023 15:56:10 +0000

Saturday, March 4, 2023 - Signs of stability in Fraser Valley create opportunities for home buyers and sellers

House prices in the Fraser Valley posted a slight but positive bump in February after nearly a year of month-over-month decreases. Similarly, sales, though still trending lower than normal, also recorded their first monthly gain since October The Fraser Valley Real Estate Board (FVREB) processed 898 sales on its Multiple Listing Service® in February, an increase of 43.5 per cent over January but still only half as many as were recorded a year ago. February new listings were also up, by 5.7 per ... Full Article...
posted in General at Sat, 04 Mar 2023 01:46:15 +0000

Thursday, February 2, 2023 - Fraser Valley real estate sales record slowest annual start in ten years.

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 last time January sales were this low was in 2013 at 617 sales. "Buyers are understandably cautious, which explains the slow start to the year," said Sandra Benz, President of the Fraser Valley Real Estate ... Full Article...
posted in General at Thu, 02 Feb 2023 20:24:26 +0000

Thursday, January 5, 2023 - Fraser Valley real estate market 2022 - highs, lows, and a return to balance

In a year that saw prices peak early on, feeding off the momentum of record-breaking sales in 2021, the Fraser Valley real estate market came back down to earth by the close of 2022, due largely to interest rate increases designed to stave off inflation. The Fraser Valley Real Estate Board (FVREB) processed 716 sales on its Multiple Listing Service® (MLS®) in December 2022, down 14.7 per cent from the previous month and down by 60.4 per cent compared to the same month last year, making it the ... Full Article...
posted in General at Thu, 05 Jan 2023 18:43:36 +0000

Friday, December 2, 2022 - New listings lag as Fraser Valley real estate market sees third month of declining sales

With sales down almost seven per cent from October, and new listings off by more than 20 per cent, the Fraser Valley housing market continues its slowing trend heading into the holiday season. Despite the market slowdown, opportunities are available, as evidenced by brisk turnover time frames. In November, the Fraser Valley Real Estate Board (FVREB) processed 839 sales on its Multiple Listing Service® (MLS®), a 6.9 per cent decrease compared to October and a decrease of 57.5 per cent compared ... Full Article...
posted in General at Fri, 02 Dec 2022 19:13:18 +0000

Wednesday, November 2, 2022 - Housing prices remain soft, sales flat, throughout the Fraser Valley

Fraser Valley housing market sales for October remained relatively unchanged from last month as prices dipped slightly across all categories. In October, the Fraser Valley Real Estate Board (FVREB) processed 901 sales on its Multiple Listing Service® (MLS®), an increase of 0.4 per cent compared to last month and a 53.5 per cent decrease compared to this time last year. The Board received 2,186 new listings in October, a decrease of 3.8 per cent compared to September, and on par with October ... Full Article...
posted in General at Wed, 02 Nov 2022 22:43:59 +0000

Tuesday, October 4, 2022 - Fraser Valley real estate market continues to stabilize heading into fall season

Continued slowing sales and a slight rise in inventory in September combined to bring greater stability to the Fraser Valley housing market. In September, the Fraser Valley Real Estate Board (FVREB) processed 897 sales on its Multiple Listing Service® (MLS®), a decrease of 11.8 per cent compared to last month and a 51.9 per cent decrease compared to this time last year. The Board received 2,273 new listings in September, an increase of 11.1 per cent compared to August, and only 2.9 per cent ... Full Article...
posted in General at Tue, 04 Oct 2022 22:28:27 +0000

Friday, September 2, 2022 - Fraser Valley housing market signals further settling as sales continue to stall in response to rate

Robust active listings and relative steady sales activity continued to bring balance to the Fraser Valley real estate market in August. The past several months of rising inventory combined with a slowing trend in sales has also seen benchmark prices return to levels not seen since last year. In August, the Fraser Valley Real Estate Board (FVREB) processed 1,017 sales on its Multiple Listing Service® (MLS®), an increase of 2.4 per cent compared to last month and a 51.3 per cent decrease compared ... Full Article...
posted in General at Fri, 02 Sep 2022 20:46:58 +0000

Saturday, August 6, 2022 - Market Speedo for July 2022

NEWLY RELEASED end of July 2022 local Real Estate Market Statistics. Simple & quick 1 minute 23 second video of what is going on locally right now in the Fraser Valley Real Estate Market. Call me at 604-720-7472 if you need any help understanding the statistics and determining the value of your home or a home you may be interested in purchasing. I'm here to help! https://youtu.be/l53PW-K4SBk
posted in General at Sat, 06 Aug 2022 19:12:45 +0000

Friday, August 5, 2022 - Sales slide for fourth straight month as rising interest rates put brakes on FV real estate market.

The Fraser Valley real estate market saw sales fall again in July in the face of continued interest rate hikes, as the government struggles to bring inflation under control. In July, the Fraser Valley Real Estate Board (FVREB) processed 993 sales on its Multiple Listing Service® (MLS®), a decrease of 22.5 per cent from the previous month and a 50.5 per cent drop compared to July 2021, when the province was still in acute pandemic mode. July new listings totaled 2,385, a 28.4 per cent decrease ... Full Article...
posted in General at Fri, 05 Aug 2022 09:57:46 +0000

Tuesday, July 5, 2022 - Fraser Valley housing market continues to cool amid slower sales, softer prices

Overall sales in the Fraser Valley fell for the third straight month as prices for all property types continued to soften, bringing greater balance to the region's real estate market.   In June, the Board processed 1,281 sales on its Multiple Listing Service® (MLS®), a decrease of 5.8 per cent compared to May and a 43 per cent decrease compared to June of last year.    Sandra Benz, President of the Board, said, "In just two months our market overall has shifted into balance mainly due to a ...
posted in General at Tue, 05 Jul 2022 19:21:16 +0000

Thursday, June 2, 2022 - Home prices soften as Fraser Valley housing market cools amid lower sales and higher inventory

As property sales continue to fall in the Fraser Valley and active listings continue to grow, the region is edging towards more balanced levels not seen since the pre-pandemic period. Sales of all property types in May were 1,360, down 16.9 per cent from April's 1,637; and down 53.9 per cent compared to May of 2021. At the same time, active listings (the number of properties available for sale at a given moment during the month, in this case at the end of May) have more than tripled since ...
posted in General at Thu, 02 Jun 2022 22:32:13 +0000

Tuesday, May 3, 2022 - Fraser Valley sales dip below 10-year average for first time in nearly two years

As Property sales in the Fraser Valley decreased by over 35 per cent in April 2022 compared to the previous month, and while the figure is still the sixth-highest April on record for the past ten years, it marks the first time monthly sales have fallen below the ten-year average since June 2020. In April, the Fraser Valley Real Estate Board (FVREB) processed 1,637 sales on its Multiple Listing Service® (MLS®), a decrease of 45.7 per cent compared to April 2021 and a 36.6 per cent decrease ...
posted in General at Tue, 03 May 2022 19:53:42 +0000

Wednesday, April 6, 2022 - Continued growth in new listings a hopeful sign for home buyers in the Fraser Valley

For the third consecutive month, new listings in the Fraser Valley continued to climb in March giving buyers more to choose from, helping to increase overall active inventory to levels not seen since last July. Property sales remain robust, as Benchmark prices, the price of a 'typical' home, continued to increase month-over-month. In March, the FVREB processed 2,580 residential and commercial sales on its Multiple Listing Service® (MLS®), a decrease of 22.5 per cent compared to March 2021 and ... Full Article...
posted in General at Wed, 06 Apr 2022 23:35:26 +0000

Wednesday, March 2, 2022 - FVREB posts record volume of new listings in February

Buyers of Fraser Valley real estate had significantly more inventory to choose from last month due to a record-breaking volume of new listings received for the month of February.     The Fraser Valley Real Estate Board (FVREB) received 3,742 new listings in February, an increase of 75.3 per cent compared to January, and an increase of 14.6 per cent compared to February of last year. The previous highest February for new listings was 3,283 in 2016.     The FVREB processed a total of 1,824 sales ... Full Article...
posted in General at Wed, 02 Mar 2022 18:51:40 +0000

Wednesday, February 2, 2022 - Glimmer of hope for Fraser Valley home buyers as new listings surge in January

On the heels of the busiest year in history for Fraser Valley real estate, January activity saw the beginnings of a market rebalancing. Overall property sales - still the third highest ever for January - cooled compared to December while the volume of new listings improved significantly.   The Fraser Valley Real Estate Board processed a total of 1,310 sales of all property types on its Multiple Listing Service®(MLS®) in January 2022, a decrease of 23.7 per cent compared to January 2021, and ... Full Article...
posted in General at Wed, 02 Feb 2022 22:29:48 +0000

Wednesday, January 5, 2022 - Fraser Valley real estate market sees busiest year in 100-year history

Fueled by the consumer response to the COVID-19 pandemic along with historically low interest rates, total property sales in the Fraser Valley in 2021 shattered the previous annual record last set in 2016. The FVREB processed 27,692 sales its Multiple Listing Service® (MLS®) in 2021, an increase of 39.0 per cent compared 19,926 sales in 2020; and 15.5 per cent higher than 2016's 23,974 sales. Larry Anderson, President of the Board, said, "No one could have predicted how the pandemic would ...
posted in General at Wed, 05 Jan 2022 23:57:46 +0000

Thursday, December 2, 2021 - Fraser Valley home sales continued to soar in November further depleting supply

Robust demand for Fraser Valley real estate continued in November, with the Fraser Valley Real Estate Board (FVREB) recording the region's second-highest volume of sales of all property types for the month - second only to November 2020. In November, the FVREB processed 1,972 sales of all property types on its Multiple Listing Service® (MLS®), a decrease of 9.2 per cent compared to the 2,173 sales in November of last year, and a 1.8 per cent increase month-over-month compared to the 1,938 sales ... Full Article...
posted in General at Thu, 02 Dec 2021 21:32:53 +0000

Tuesday, November 2, 2021 - MLS sales in the Fraser Valley remained strong in October while supply continued to diminish

As Demand for Fraser Valley real estate remained solid in October with overall sales the third highest on record. The Board processed a total of 1,938 property sales on its Multiple Listing Service® (MLS®) in October, an increase of  3.9 per cent compared to September and a decrease of 18.2 per cent compared to the same month last year. Larry Anderson, President of the Board, said. "What we're seeing is a combination of above-average sales with below-average new listings which is placing strong ... Full Article...
posted in General at Tue, 02 Nov 2021 17:49:43 +0000

Wednesday, August 4, 2021 - Fraser Valley home sales remained steady in July; lowest supply in forty years

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 Service® (MLS®) in July, a decrease of 11 per cent compared to June and a 4.5 per cent decrease compared to the same month last year.  Sales continued to remain above normal for July - 15 per cent above the ... Full Article...
posted in General at Wed, 04 Aug 2021 21:28:14 +0000

Wednesday, June 2, 2021 - Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand

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 Listing Service® (MLS®), an increase of 267 per cent compared to May 2020 and a 2 per cent decrease compared to April. (Note that last year, the market was significantly restricted due to ... Full Article...
posted in General at Wed, 02 Jun 2021 17:22:23 +0000

Tuesday, May 4, 2021 - Monthly sales and new listings in the Fraser Valley continue blistering pace:

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. In April, the Fraser Valley Real Estate Board (FVREB) processed 3,016 sales on its Multiple Listing Service® (MLS®), an increase of 338 per cent compared to April 2020 and a 9 per ... Full Article...
posted in General at Tue, 04 May 2021 19:41:57 +0000

Tuesday, April 6, 2021 - March shatters monthly sales and new listings records in the Fraser Valley

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 Service® (MLS®), an increase of 131 per cent compared to March 2020 and 18 per cent more than were processed in February. The previous record of 3,006 sales was set in March of 2016. Larry Anderson, ...
posted in General at Tue, 06 Apr 2021 18:50:35 +0000

Tuesday, March 2, 2021 - Another month, another record for property sales in the Fraser Valley

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 increase of 108 per cent compared to February 2020 and 64 per cent more than were processed in January 2021. To provide a historical perspective, sales in February were 88 per cent above the 10-year ...
posted in General at Tue, 02 Mar 2021 21:39:51 +0000

Wednesday, January 6, 2021 - Record-shattering December caps unexpected year in Fraser Valley real estate

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, the Board's Multiple Listing Service® (MLS®) processed a staggering 2,086 sales, the strongest December on record and 81.2 per cent above normal for the month. New listings in December, were the second highest on record at 1,502. ... Full Article...
posted in General at Wed, 06 Jan 2021 00:45:56 +0000

Saturday, December 5, 2020 - Market Speedo

November 2020 Fraser Valley Real Estate Market. Simple quick 1 minute 18 second video of what is going on locally in the Real Estate Market in the Fraser Valley area right now. It's called the Market Speedo! https://youtu.be/Ee8O4lzVnBk 
posted in General at Sat, 05 Dec 2020 00:29:21 +0000

Wednesday, December 2, 2020 - Unrelenting demand for Fraser Valley detached and townhomes continued in November

For the fifth consecutive month, demand for real estate in the Fraser Valley showed no signs of waning. Overall property sales for the month of November again set a new Board record.  Sales records were also broken in September and October; and since July, all activity including new listings, has continued to be inordinately high. The Fraser Valley Real Estate Board processed 2,173 sales of all property types on its Multiple Listing Service® (MLS®) in November, an increase of 54.7 per cent ...
posted in General at Wed, 02 Dec 2020 23:57:07 +0000

Tuesday, November 3, 2020 - Sales volumes remain exceptional in the Fraser Valley

Ongoing demand for Fraser Valley real estate saw overall sales reach the highest point for the month of October in the Board's history. This is the fourth consecutive month of record-breaking or near-record activity for sales and new listings in the region. The Fraser Valley Real Estate Board processed 2,370 sales of all property types on its Multiple Listing Service® (MLS®) in October, an increase of 48.9 per cent compared to the 1,592 sales in October of last year, and an 6.2 per cent ...
posted in General at Tue, 03 Nov 2020 18:30:52 +0000

Thursday, September 3, 2020 - Sales and new listings continue to set records in the Fraser Valley

SURREY, BC - The Fraser Valley Real Estate Board's Multiple Listing Service® (MLS®) saw the second highest number of property sales and the highest number of new listings in August within the last two decades, when 2,298 sales were recorded in August 2005. The FVREB processed a total of 2,039 sales in August, a decrease of 2.9 per cent compared to sales in July, but an increase of 57.2 per cent compared to the 1,297 sales during August of last year. Last month's sales were 39 per cent above the ... Full Article...
posted in General at Thu, 03 Sep 2020 18:53:32 +0000

Monday, August 10, 2020 - Market Speedo for Greater Vancouver

Simple quick 1 minute 17 second video of what is going on locally in the Real Estate market in the Greater Vancouver area. It's called the Market Speedo. https://www.youtube.com/watch?v=xSSYEyP98CM&feature=youtu.be
posted in General at Mon, 10 Aug 2020 14:57:21 +0000

Friday, August 7, 2020 - Video called the Market Speedo.

Simple quick 1 minute 17 second video of what is going on locally in the Real Estate market in the Fraser Valley. It's called the Market Speedo. https://youtu.be/gTGJd8MaUb8
posted in General at Fri, 07 Aug 2020 14:38:37 +0000

Thursday, August 6, 2020 - Sales and new listings reach near record-setting numbers in the Fraser Valley

The Fraser Valley Real Estate Board's Multiple Listing Service® (MLS®) saw the second-highest number of both property sales and new listings ever recorded in July. The FVREB processed a total of 2,100 sales in July, an increase of 22.2 per cent compared to sales in June and an increase of 44 per cent compared to the 1,458 sales during July of last year. Last month's sales were 25.5 per cent above the ten-year average for July and second only to July 2015. Chris Shields, President of the Board, ... Full Article...
posted in General at Thu, 06 Aug 2020 16:10:06 +0000

Friday, July 3, 2020 - Property sales in the Fraser Valley more than double in one month as buyers return to the market

SURREY, BC - The Fraser Valley real estate market saw a resurgence in activity in June as the industry and consumers continue to successfully adapt to doing business during a pandemic. The Fraser Valley Real Estate Board (FVREB) processed a total of 1,718 sales on its Multiple Listing Service® (MLS®) in June, an increase of 113.4 per cent compared to sales in May and an increase of 31.5 per cent compared to the 1,306 sales during June of last year. Last month's sales were 6.4 per cent below the ... Full Article...
posted in General at Fri, 03 Jul 2020 21:28:09 +0000

Wednesday, June 10, 2020 - BC Homes Sales to Post Strong Recovery in 2021 BCREA 2020 Second Quarter Housing Forecast

Vancouver, BC - June 10, 2020. The British Columbia Real Estate Association (BCREA) released its 2020 Second Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 21 per cent to approximately 61,000 units this year, after recording 77,347 residential sales in 2019. MLS® residential sales are forecast to increase 45.3 per cent to 88,500 units in 2021."The bright outlook for 2020 home sales has been upended by the COVID-19 ...
posted in General at Wed, 10 Jun 2020 21:16:09 +0000

Monday, June 8, 2020 - CMHC ANNOUNCES STRICTER QUALIFYING CRITERIA EFFECTIVE JULY 1, 2020

If you are concerned about the new CMHC rules and your qualifying criteria contact me and I can help. The important thing to keep in mind here is the new rules will take effect July 1, 2020. If you can find a home and make an offer and it is Accepted & Approved before July 1, 2020 then you can get in under the wire. Contact me if you are concerned as I'm here to help! 604-720-7472
posted in General at Mon, 08 Jun 2020 20:33:54 +0000

Tuesday, June 2, 2020 - Housing market activity picks up in the Fraser Valley as buyers and sellers adapt to the new environ

SURREY, BC - In May, Fraser Valley listings and property sales started to bounce back as REALTORS® helped their clients adjust to the new, necessary safety measures required to buy and sell a home during the provincial state of emergency due to COVID-19. The Fraser Valley Real Estate Board (FVREB) processed a total of 805 sales on its Multiple Listing Service® (MLS®) in May, an increase of 17 per cent compared to sales in April and a decrease of 47 per cent compared to the 1,517 sales during ... Full Article...
posted in General at Tue, 02 Jun 2020 22:15:05 +0000

Friday, May 22, 2020 - Real Estate Update / Covid 19

I hope you and your family are staying healthy and safe and taking good care of yourselves.With the Covid-19 pandemic, you may have some questions regarding property values, current housing sales, how we as Realtors have adapted to assist our clients as well as the future of the housing market. While I may not have all of the answers, I would be happy to answer any questions and share my knowledge of the current market or answer any other questions you may have. Please do not hesitate to give ... Full Article...
posted in General at Fri, 22 May 2020 23:03:14 +0000

Monday, May 4, 2020 - Fraser Valley real estate market contracts and adapts in response to public health measures to mitig

SURREY, BC - As anticipated, real estate activity saw a steep decline last month in response to the pandemic lockdown, resulting in one of the slowest Aprils in Fraser Valley history. The Fraser Valley Real Estate Board (FVREB) processed a total of 688 sales on its Multiple Listing Service® (MLS®) in April, a decrease of 52 per cent compared to sales in March and a decrease of 50 per cent compared to April of last year. According to FVREB historical data, last month's sales were on par with ... Full Article...
posted in General at Mon, 04 May 2020 21:17:53 +0000

Thursday, April 2, 2020 - March sales and new listing data show preliminary impact of COVID-19 on Fraser Valley housing market

SURREY, BC - The most up to date Multiple Listing Service® (MLS®) data from the Fraser Valley Real Estate Board (FVREB) indicates COVID-19 has put the market on pause, as REALTORS® and the public adhere to health authority rules and government guidelines on the pandemic. By the end of March, the FVREB processed a total of 1,441 sales on its MLS®, a 7 per cent increase compared to sales in February 2020, and an 18 per cent increase compared to the 1,221 sales in March 2019. During the first ...
posted in General at Thu, 02 Apr 2020 23:31:25 +0000

Wednesday, March 4, 2020 - February home sales outpace new listings in Fraser Valley

In February, property sales in the Fraser Valley finished slightly above the 10-year average for the month, while new listings came in 3 per cent below, keeping overall inventory at historically below-average levels. The Fraser Valley Real Estate Board processed 1,352 sales of all property types on its Multiple Listing Service® (MLS®) in February, a 39 per cent increase compared to sales in January 2020, and a 38 per cent increase compared to the 982 sales in February of last year. Of the 1,352 ... Full Article...
posted in General at Wed, 04 Mar 2020 19:52:07 +0000

Friday, January 3, 2020 - Strong finish for mediocre year in Fraser Valley real estate

After a sluggish first half of the year, property sales in the Fraser Valley started picking up speed in the summer and finished strong in December, but not enough to surpass last year's sales totals. The Board's Multiple Listing Service® (MLS®) processed 15,487 sales in 2019, a 0.6 per cent decrease compared to 2018's 15,586 sales and the lowest total sales volume for the Fraser Valley since 2013. The total dollar volume of MLS® transactions for the year was $11.2 billion, dropping from $11.8 ... Full Article...
posted in General at Fri, 03 Jan 2020 20:28:49 +0000

Tuesday, December 3, 2019 - Unusual end-of-year demand for Fraser Valley real estate

A combination of unseasonably high demand and declining supply reinforced Fraser Valley's real estate market in November. The Fraser Valley Real Estate Board processed 1,405 sales of all property types on its Multiple Listing Service® (MLS®) in November, an 11.7 per cent decrease compared to sales in October 2019, and a 36.7 per cent increase compared to the 1,028 sales in November of last year.  Darin Germyn, President of the Board, says, "Some listings are seeing a lot of activity depending ... Full Article...
posted in General at Tue, 03 Dec 2019 23:34:11 +0000

Monday, November 4, 2019 - Real estate rebound continues for Fraser Valley

SURREY, BC - The demand for Fraser Valley real estate is the strongest it's been since the spring of 2018. The Fraser Valley Real Estate Board processed 1,592 sales of all property types on its Multiple Listing Service® (MLS®) in October, a 18.5 per cent increase compared to sales in September 2019, and a 37.8 per cent increase compared to the 1,155 sales in October of last year. Darin Germyn, President of the Board, says, "Our market started to pick up in the summer and we've been steadily ... Full Article...
posted in General at Mon, 04 Nov 2019 21:07:26 +0000

Wednesday, October 2, 2019 - Property sales in Fraser Valley have recovered bringing market into balance

SURREY, BC - For the third straight month, home sales in the Fraser Valley surpassed 2018 levels bringing the market back in line with long-term averages. The Fraser Valley Real Estate Board processed 1,343 sales of all property types on its Multiple Listing Service® (MLS®) in September, a 3.5 per cent increase compared to sales in August 2019, and a 29.8 per cent increase compared to the 1,035 sales in September of last year. Darin Germyn, President of the Board, says, "The market's return to ... Full Article...
posted in General at Wed, 02 Oct 2019 18:28:00 +0000

Wednesday, October 2, 2019 - REBGV October Press Release.

REBGV October Press Release.    Increased demand helps housing market reach balanced territory.    Home buyer demand has returned to more historically typical levels in Metro Vancouver over the last three months.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,333 in September 2019, a 46.3 per cent increase from the 1,595 sales recorded in September 2018, and a 4.6 per cent increase from the 2,231 homes sold in August ...
posted in General at Wed, 02 Oct 2019 17:00:45 +0000

Thursday, September 5, 2019 - Fraser Valley housing market continues to stabilize as sales pick up compared to last year

For the second month in a row, home sales in the Fraser Valley surpassed 2018 levels bringing the market closer to historical norms. The Fraser Valley Real Estate Board processed 1,297 sales of all property types on its Multiple Listing Service® (MLS®) in August, an 11 per cent decrease compared to sales in July 2019, and a 12.3 per cent increase compared to the 1,155 sales in August of last year. Darin Germyn, President of the Board, observed, "Compared to last year, this August has been quite ... Full Article...
posted in General at Thu, 05 Sep 2019 03:37:50 +0000

Wednesday, August 7, 2019 - Fraser Valley home sales rebound in July after lackluster June

SURREY, BC - A noticeable lift in home sales and slight decrease in new listings bolstered the Fraser Valley housing market in July. The Fraser Valley Real Estate Board processed 1,458 sales of all property types on its Multiple Listing Service® (MLS®) in July, a 11.6 per cent increase compared to sales in June 2019, and a 13 per cent increase compared to the 1,290 sales in July of last year. Chris Shields, President-Elect of the Board, observed, "We've been expecting market improvement, but ... Full Article...
posted in General at Wed, 07 Aug 2019 00:05:31 +0000

Friday, July 5, 2019 - Both buyers and sellers taking a wait-and-see approach in the Fraser Valley

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 Fraser Valley Real Estate Board processed 1,306 sales of all property types on its Multiple Listing Service® (MLS®) in June, a 13.9 per cent decrease compared ... Full Article...
posted in General at Fri, 05 Jul 2019 19:18:52 +0000

Thursday, June 6, 2019 - Slight uptick in Fraser Valley property sales in May attributable to single family detached

  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 Estate Board processed 1,517 sales of all property types on its Multiple Listing Service® (MLS®) in May, a 9.7 per cent increase compared to sales in April ...
posted in General at Thu, 06 Jun 2019 00:21:15 +0000

Friday, May 3, 2019 - Slower than normal market still attracting buyers in the Fraser Valley

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 March 2019, and a 19 per cent decrease compared to the 1,708 sales in April of last year. Of the 1,383 total sales of residential and commercial combined, 489 were ... Full Article...
posted in General at Fri, 03 May 2019 16:51:17 +0000

Wednesday, April 3, 2019 - Fraser Valley market sees typical spring increase in March sales

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 2019, and a 26.6 per cent decrease compared to the 1,664 sales in March of last year. Of the 1,221 total sales, 462 were residential detached homes, ... Full Article...
posted in General at Wed, 03 Apr 2019 15:57:59 +0000

Monday, March 4, 2019 - Fraser Valley real estate market gears up for spring

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 increase compared to sales in January 2019, and a 29.1 per cent decrease compared to the 1,385 sales in February of last year. Of the 982 total ...
posted in General at Mon, 04 Mar 2019 20:20:19 +0000

Wednesday, February 6, 2019 - Inventory rises and apartment sales take lead during modest January market

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 sales in January of last year. Of the 784 total sales, 250 were residential detached homes, 190 were townhouses, and 257 were apartments. This is the first time ... Full Article...
posted in General at Wed, 06 Feb 2019 18:39:15 +0000

Tuesday, January 8, 2019 - Fraser Valley housing market slows down in 2018

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 sales for the Fraser Valley since 2013. The total dollar volume of MLS® transactions for the year was $11.8 billion, dropping from $15.7 billion sold during the ... Full Article...
posted in General at Tue, 08 Jan 2019 19:07:34 +0000

Tuesday, December 4, 2018 - Fraser Valley market stays quiet through November

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 decrease of 41 per cent compared to the 1,743 sales in November of last year, and a 11 per cent decrease compared to sales in October 2018. Of the 1,028 total ... Full Article...
posted in General at Tue, 04 Dec 2018 19:32:53 +0000

Friday, November 2, 2018 - October brings slight bump to sales for Fraser Valley

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 compared to the 1,779 sales in October of last year, and a 11.6 per cent increase compared to sales in September 2018. Of the 1,155 sales, 438 were residential ... Full Article...
posted in General at Fri, 02 Nov 2018 19:50:29 +0000

Wednesday, October 3, 2018 - Housing supply ample as buyers remain hesitant in September

The slowing of sales activity and expansion of overall inventory that has defined much of 2018 for the Fraser Valley housing market continued in September, with sales at their lowest point and inventory at its highest for the year. The Fraser Valley Real Estate Board processed 1,035 sales of all property types on its Multiple Listing Service® (MLS®) in September, a decrease of 36.1 per cent compared to the 1,619 sales in September of last year, and a 10.4 per cent decrease compared to sales in ... Full Article...
posted in General at Wed, 03 Oct 2018 18:52:43 +0000

Friday, September 7, 2018 - Fraser Valley sees further decline in activity in August

Market activity declined further in August with sales dropping to their lowest level this year. The Fraser Valley Real Estate Board processed 1,155 sales of all property types on its Multiple Listing Service® (MLS®) in August, a decrease of 38.5 per cent compared to the 1,879 sales in August of last year, and a 10.5 per cent decrease compared to the 1,290 sales in July 2018. Sales of attached homes continued to represent over fifty per cent of all activity in the Fraser Valley this month, with ... Full Article...
posted in General at Fri, 07 Sep 2018 17:06:51 +0000

Thursday, August 2, 2018 - Inventory builds as summer slowdown hits

Overall housing supply continued to grow in July as sales dropped to their lowest point this year since January. The Fraser Valley Real Estate Board processed 1,290 sales of all property types on its Multiple Listing Service® (MLS®) in July, a decrease of 33.4 per cent compared to the 1,937 sales in July of last year, and a 11.2 per cent decrease compared to the 1,452 sales in June 2018. Of the 1,290 sales processed last month 346 were townhouses and 337 were apartments, together representing ... Full Article...
posted in General at Thu, 02 Aug 2018 20:26:33 +0000

Wednesday, July 18, 2018 - Inventory continues to climb in Fraser Valley as sales simmer

The Fraser Valley housing market kicked-off summer with a further increase to overall inventory and a downturn in sales across all major residential property types. The Fraser Valley Real Estate Board processed 1,452 sales of all property types on its Multiple Listing Service® (MLS®) in June, a decrease of 43.5 per cent compared to the 2,571 sales in June of last year, and a 17.4 per cent decrease compared to the 1,758 sales in May 2018. Of the 1,452 sales processed last month 364 were ...
posted in General at Wed, 18 Jul 2018 17:42:15 +0000

Wednesday, May 2, 2018 - New Fraser Valley listings stood-up as spring market fails to show in April

Buyer activity in the Fraser Valley stayed coy throughout April despite a bump in inventory across all three major residential types. The Fraser Valley Real Estate Board processed 1,708 sales of all property types on its Multiple Listing Service® (MLS®) in April, a decrease of 23.4 per cent compared to the 2,230 sales in April of last year, and a 2.6 per cent increase compared to the 1,664 sales in March 2018. Of the 1,708 sales processed last month 413 were townhouses and 498 were apartments, ... Full Article...
posted in General at Wed, 02 May 2018 18:10:49 +0000

Thursday, April 5, 2018 - Spring market kicks-off with slim supply in March

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 compared to the 2,213 sales in March of last year, and a 20.1 per cent increase compared to the 1,385 sales in February 2018. The ten-year average for sales in the ...
posted in General at Thu, 05 Apr 2018 17:34:44 +0000

Saturday, March 3, 2018 - Lack of supply continues to command Fraser Valley housing market

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 to the 1,396 sales in February of last year, and a 14.5 per cent increase compared to the 1,210 sales in January 2018. Of the 1,385 sales processed last month 336 ... Full Article...
posted in General at Sat, 03 Mar 2018 00:34:56 +0000

Friday, February 16, 2018 - Food banks receive $25,000 from Fraser Valley REALTORS

On behalf of Fraser Valley's 3,500-plus REALTORS, the Fraser Valley Real Estate Board (FVREB) has donated a total of $25,000 to seven food banks across its regional area. "Fraser Valley Realtors are honoured to once again support our local food banks," said Gopal Sahota, President of the FVREB. "Through their ongoing efforts, these seven organizations provide incalculable support to families and individuals in our communities." This is the seventh year Fraser Valley Realtors have donated to ... Full Article...
posted in General at Fri, 16 Feb 2018 20:46:45 +0000

Thursday, February 8, 2018 - 2018 brings more of the same for Fraser Valley real estate

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 sales in January of last year, and a 10 per cent decrease compared to the 1,344 sales in December 2017. This was the third highest sales total for a January in ... Full Article...
posted in General at Thu, 08 Feb 2018 19:49:05 +0000

Wednesday, December 6, 2017 - Attached sales continue to drive Fraser Valley market in November

Demand for Fraser Valley properties persisted through November, once again bolstered by strong attached sales across the region. The Fraser Valley Real Estate Board processed 1,743 sales of all property types on its Multiple Listing Service® (MLS®) in November, an increase of 39.8 per cent compared to the 1,247 sales in November of last year, and a 3.1 per cent decrease compared to the 1,799 sales in October 2017. This will mark the second highest sales total for a November in the Board's ...
posted in General at Wed, 06 Dec 2017 19:51:11 +0000

Thursday, November 2, 2017 - October fails to scare away home buyers in the Fraser Valley

Ongoing demand for properties in the Fraser Valley saw overall sales reach the second highest point for an October in the Board's history. The Fraser Valley Real Estate Board processed 1,799 sales of all property types on its Multiple Listing Service® (MLS®) in October, an increase of 23 per cent compared to the 1,463 sales in October of last year, and an 11.1 per cent increase compared to the 1,619 sales in September 2017. Attached sales represented 56% of all market activity for the month, ... Full Article...
posted in General at Thu, 02 Nov 2017 19:32:24 +0000

Friday, August 4, 2017 - Fraser Valley home sales still strong despite summer slowdown

Sales activity remained strong in July, despite month-over-month decreases for each of the three major residential property types. This was the sixth strongest July historically for the Fraser Valley Real Estate Board.As per the Fraser Valley Real estate Board. 
posted in General at Fri, 04 Aug 2017 19:15:56 +0000

Wednesday, June 7, 2017 - Growing sales in Fraser Valley met with bump in new inventory

The Fraser Valley saw a much-needed increase to new housing inventory entering the market in May, supporting growing demand for residential properties in the region. Last month marked the highest level of sales for the Fraser Valley since June of last year, and the second-highest level for a May historically. The Fraser Valley Real Estate Board processed 2,707 sales of all property types on its Multiple Listing Service® (MLS®) in May, a decrease of 7 per cent compared to the 2,911 sales in May ... Full Article...
posted in General at Wed, 07 Jun 2017 22:25:31 +0000

Wednesday, May 3, 2017 - Another solid month for Fraser Valley real estate

The Fraser Valley real estate market continued to show strength in April, reaching the highest sales level for the region in the past ten months. The Fraser Valley Real Estate Board processed 2,230 sales of all property types on its Multiple Listing Service® (MLS®) in April, a decrease of 24.9 per cent compared to the 2,969 sales this time last year and a 0.8 per cent increase compared to the 2,213 sales in March 2017. Of the 2,230 sales processed in April, 438 were townhouses and 567 were ...
posted in General at Wed, 03 May 2017 04:02:53 +0000

Wednesday, April 5, 2017 - Attached home sales thrive as overall inventory remains scarce

Propelled by significant activity in attached categories, March housing sales in the Fraser Valley reached their second highest point in ten years, trailing only last year's extraordinary market levels. The Fraser Valley Real Estate Board processed 2,213 sales of all property types on its Multiple Listing Service® (MLS®) in March, a decrease of 26.4 per cent compared to the 3,006 sales in March of last year, and a 58.5 per cent increase compared to the 1,396 sales in February 2017. Of the 2,213 ... Full Article...
posted in General at Wed, 05 Apr 2017 17:10:30 +0000

Thursday, March 16, 2017 - Returning to more normal levels....

"While the pace of the market has returned to more normal levels, pricing is still heavily impacted by the activity and demand seen throughout 2016. Understandably, this can create a challenging environment for consumers. If you're struggling finding the right home or buyer, talk to a REALTOR® who can help guide you towards success in the market." For the Fraser Valley region, the average number of days to sell a single family detached home in February 2017 was 38 days, compared to 21 days in ... Full Article...
posted in General at Thu, 16 Mar 2017 23:54:15 +0000

Thursday, March 2, 2017 - Fraser Valley enjoys healthy market in February

The Fraser Valley housing market returned to more typical levels in February, with sales and new listing intake on-par with the 10-year average for the month. The Fraser Valley Real Estate Board processed 1,396 sales of all property types on its Multiple Listing Service® (MLS®) in February, a decrease of 41.5 per cent compared to the record-breaking 2,387 sales in February of last year, and a 43 per cent increase compared to the 976 sales in January 2017. The 10-year average for February sales ... Full Article...
posted in General at Thu, 02 Mar 2017 18:51:22 +0000

Friday, February 10, 2017 - Food banks receive $32,500 from Fraser Valley Realtors

Surrey, BC - On behalf of Fraser Valley's 3,200-plus REALTORS®, the Fraser Valley Real Estate Board (FVREB) has donated $32,500 to five food banks across its regional area. "Fraser Valley Realtors are honoured to once again support local food banks and the incredible work they do for our communities," said Charles Wiebe, President of the FVREB.
posted in General at Fri, 10 Feb 2017 18:43:58 +0000

Thursday, February 2, 2017 - Demand diversifies for Fraser Valley real estate in January

Fraser Valley real estate kicked-off the New Year strong with sales reaching above the ten-year average for January, and a healthy intake of new inventory. The Fraser Valley Real Estate Board processed 976 sales of all property types on its Multiple Listing Service® (MLS®) in January, a decrease of 27.1 per cent compared to the 1,338 sales in January of last year, and a 1 per cent increase compared to the 966 sales in December 2016. Of the 976 sales processed last month, 212 were townhouses and ... Full Article...
posted in General at Thu, 02 Feb 2017 19:43:59 +0000

Thursday, January 12, 2017 - Record-setting year for Fraser Valley real estate

 Fraser Valley real estate experienced the strongest year in its history in 2016, with record-setting numbers seen in both total MLS® transactions and overall dollar volume sold. The Board's Multiple Listing Service® (MLS®) processed 23,974 sales in 2016, 13.6 per cent more than the 21,095 sales in 2015, and 12.6 per cent more than the previous record of 21,282 sales in 2005. The total dollar volume of MLS® sales was a record setting $16.2 billion, four billion more than the previous record set ... Full Article...
posted in General at Thu, 12 Jan 2017 17:03:41 +0000

Saturday, December 3, 2016 - Fraser Valley market moves to familiar territory in November

Sales and listing activity in the Fraser Valley decreased once again month-over-month, returning to typical levels for the month of November. The Fraser Valley Real Estate Board processed 1,247 sales of all property types on its Multiple Listing Service® (MLS®) in November, a decrease of 29.4 per cent compared to November 2015's 1,766 sales, and a 14.8 per cent decrease compared to the 1,463 sales in October 2016. Of the sales processed last month, 291 were townhouses and 348 were apartments, ... Full Article...
posted in General at Sat, 03 Dec 2016 20:00:47 +0000

Thursday, November 10, 2016 - Sales increase slightly as inventory hits 10-year low for the month of October

The Fraser Valley real estate market remained active through October, with sales breaking slightly higher than the 10-year historical average for the month. The Fraser Valley Real Estate Board processed 1,463 sales of all property types on its Multiple Listing Service® (MLS®) in October, a decrease of 17.4 per cent compared to the 1,772 sales in October of last year, and a 12.1 per cent increase compared to the 1,305 sales in September 2016. Of the 1,463 sales processed last month, 389 were ... Full Article...
posted in General at Thu, 10 Nov 2016 17:38:33 +0000

Monday, October 17, 2016 - REALTORS endorse plan to create charitable foundation to benefit Fraser Valley communities

Fraser Valley REALTORS® voted in support of a plan that will transfer a valuable asset owned by their professional association, the Fraser Valley Real Estate Board (FVREB), into a new charitable foundation dedicated to helping those in need in the Fraser Valley. The asset is 3.5 acres of prime, vacant land situated behind FVREB?s existing office in Guildford, Surrey. In 1969, the land was purchased privately by five visionary past presidents of the Board who sold it to the Board a few years ... Full Article...
posted in General at Mon, 17 Oct 2016 21:22:43 +0000

Friday, October 14, 2016 - Peace Arch Hospital Foundation Realtor Challenge

Just signed up for the Peace Arch Hospital Foundation Realtor Challenge to help raise money for the Peace Arch Hospital ER redevelopment and expansion. For the next 12 months I will donate a portion of my Real Estate Commissions for every real estate deal I am involved in.
posted in General at Fri, 14 Oct 2016 18:32:06 +0000

Wednesday, October 5, 2016 - Fraser Valley inventory reaches highest level in 2016 as sales settle for fall season

September housing sales in the Fraser Valley continued to slow throughout September, dropping below the ten-year sales average for the month for the first time this year. The Fraser Valley Real Estate Board processed 1,305 sales of all property types on its Multiple Listing Service® (MLS®) in September, a decrease of 24.4 per cent compared to the 1,727 sales in September of last year, and a 23 per cent decrease compared to the 1,694 sales in August 2016. As per the Fraser Valley Real Estate ... Full Article...
posted in General at Wed, 05 Oct 2016 23:11:43 +0000

Thursday, August 4, 2016 - Fraser Valley housing market simmers in July

Sales on the Fraser Valley Real Estate Board's Multiple Listing Service® (MLS®) remained strong in July - however, for the first time this year, monthly sales did not break a historical record for our region. The Fraser Valley Real Estate Board processed 1,962 sales of all property types on its MLS® in July, a decrease of 10.2 per cent compared to the 2,184 sales in July 2015, and a 31.5 per cent drop compared to the 2,864 transactions processed in June 2016. A slowing down in activity is ...
posted in General at Thu, 04 Aug 2016 22:11:27 +0000

Friday, June 10, 2016 - Demand in the Fraser Valley extends to townhomes and apartments

Consumer demand for real estate in the Fraser Valley continued through May, with overall sales once again reaching record-breaking numbers for the month historically. The Fraser Valley Real Estate Board processed 2,911 sales on its Multiple Listing Service® (MLS®) in May, an increase of 47.8 per cent compared to May 2015. The previous record for sales processed in a May was set in 2006 at 2,245. However, sales dropped two per cent when compared to April 2016, continuing a slight trend of easing ... Full Article...
posted in General at Fri, 10 Jun 2016 18:10:39 +0000

Wednesday, May 11, 2016 - New Testimonial

Once again,  I couldn't be happier on stumbling upon you and having you represent my mom.  You really did take care of her and she absolutely appreciates you and so do we.  The way you handled everything was flawless, polite, smart, and savy!  You take the steps, do the work and go above and beyond for your clients.  I've learned a lot just observing the way you operate and it's truly inspiring.  It was contrast night and day to see how her surrey agent did business and how you do business. ... Full Article...
posted in General at Wed, 11 May 2016 18:24:44 +0000

Monday, May 9, 2016 - Four-for-four in record-setting months for Fraser Valley real estate

Once again Fraser Valley real estate saw record-breaking numbers with April sales reaching higher than any previous April historically. Last month, the Fraser Valley Real Estate Board processed 2,969 sales on its Multiple Listing Service® (MLS®), an increase of 47.8 per cent compared to April 2015. The previous record for sales processed in an April was set in 1991 at 2,513. However, sales did drop 1.2 per cent compared to the all-time Board record set in March 2016 at 3,006 sales processed. As ... Full Article...
posted in General at Mon, 09 May 2016 03:04:19 +0000

Friday, April 8, 2016 - March sees highest monthly sales on record for Fraser Valley

Fraser Valley real estate hit a historical high in March, setting the record for sales processed in one month since the Fraser Valley Real Estate Board?s (FVREB) inception in 1921. In March, the FVREB processed 3,006 sales on its Multiple Listing Service® (MLS®), an increase of 62 per cent compared to March 2015 and 26 per cent more then was processed in February. The previous record of 2,720 processed sales was set in March of 1991. Charles Wiebe, President of the Board, said of this month?s ... Full Article...
posted in General at Fri, 08 Apr 2016 01:51:17 +0000

Friday, March 4, 2016 - Another record-setting month for Fraser Valley real estate.

For the second time in as many months, Fraser Valley real estate saw record-setting monthly sales. In February, the Fraser Valley Real Estate Board processed 2,387 sales on its Multiple Listing Service® (MLS®), an increase of 79 per cent compared to February 2015 and 78 per cent more then was processed in January. To give a historical perspective, sales in February were 46 per cent over the 10-year average for that month; and, 4 per cent higher than the previous record of 1,948 sales in ...
posted in General at Fri, 04 Mar 2016 15:31:27 +0000

Wednesday, February 24, 2016 - Client Reviews

Reviews can be read under the "Testimonials" tab at the top of the page. Feedback is always appreciated and I look forward to helping any new clients navigate this extremely hot market. If you are selling or buying, now more then ever is the time to have an experienced Realtor working for your best interests! Reaching me is as easy as a phonecall, email or text message.
posted in General at Wed, 24 Feb 2016 02:00:34 +0000

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