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Glimmer of hope for Fraser Valley home buyers as new listings surge in January
February 2, 2022
SURREY, BC – 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 ...
Continue ReadingThe Housing Inequality Tax Deception
January 7, 2022
1% per year really means well over 50% over your lifetime of home ownership. The remarks below are my thoughts regarding the article by Amy Smart in the January 7, 2021 Vancouver Sun quoting Paul Kershaw and his report on “housing affordability” proposing an Inequality Tax. Our current federal government ...
Continue ReadingFraser Valley real estate market sees busiest year in 100-year history
January 6, 2022
SURREY, BC – 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 ...
Continue ReadingFraser Valley home sales continued to soar in November further depleting supply
December 2, 2021
SURREY, BC – 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 ...
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