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Fraser Valley home sales remained steady in July; lowest supply in forty years
August 4, 2021
SURREY, BC – 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 ...
Continue ReadingMirroring the weather, Fraser Valley’s hot housing market cooled slightly in June going from a boil to a simmer
July 5, 2021
Sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) remained robust in June however, for the first time since last September, monthly sales did not break a historical record.In June, the Board processed 2,247 sales on its MLS®, a decrease of 24 per cent compared to ...
Continue ReadingNear record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand
June 2, 2021
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 ...
Continue ReadingMonthly sales and new listings in the Fraser Valley continue blistering pace; surge in inventory starting to calm prices
May 5, 2021
SURREY, BC – 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 ...
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