News

Fraser Valley Real Estate Board

Wednesday, September 19, 2018 9:25:43 PM UTC
Fraser Valley sees further decline in activity in August

SURREY, BC – 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...

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Inventory builds as summer slowdown hits

SURREY, BC – 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....

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Inventory continues to climb in Fraser Valley as sales simmer

SURREY, BC – 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...

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Fraser Valley market finds comfortable pace in May as inventory reaches highest level in two years

SURREY, BC – The Fraser Valley stepped towards a more balanced market in May, with both sales and overall inventory reaching their highest points for the year.

The Fraser Valley Real Estate Board processed 1,758 sales of all property types on its Multiple Listing Service® (MLS®) in May, a decrease of 35.1 per cent compared to the 2,707 sales in May of last year, and a 2.9 per cent increase compared...

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Fraser Valley REALTORS® seek Safe Grow Homes for Homeowners and Buyers

Surrey, BC – The Fraser Valley Real Estate Board (FVREB) has launched Safe Grow Homes (SafeGrowHomes.ca), an online resource to help homeowners and buyers understand the potential impact of growing cannabis in a home.

Set to be legalized later this year, Canadians will be allowed to grow up to four cannabis plants in their home.  Fraser Valley Realtors are concerned that without sufficient direction...

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