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Fraser Valley real estate market contracts and adapts in response to public health measures to mitigate COVID-19
May 5, 2020
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 ...
Continue ReadingFebruary home sales outpace new listings in Fraser Valley
March 3, 2020
SURREY, BC – 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 ...
Continue ReadingBC Housing Markets Off to a Strong Start in 2020
February 13, 2020
Vancouver, BC – February 13, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 4,426 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January 2020, an increase of 23.7 per cent from the 3,579 units sold in January 2019. The average MLS® residential price in ...
Continue ReadingFraser Valley January home sales typical; new listings lagging
February 4, 2020
January’s property sales in the Fraser Valley came in 6 per cent above the 10-year average for the month, while new listings finished 11 per cent below historical norms. The Fraser Valley Real Estate Board processed 974 sales of all property types on its Multiple Listing Service® (MLS®) in January, ...
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