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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

Wednesday, February 3, 2016 - New Year brings strongest January on record.

Fraser Valley's real estate market showed no signs of slowing down, producing the strongest sales for January on record. The Fraser Valley Real Estate Board processed 1,338 sales on its Multiple Listing Service® (MLS®) in January, an increase of 57 per cent compared to January 2015 and 13 per cent fewer then were processed in December. Sales in January ranked at the top for the last ten years coming in 57 per cent over the 10?year average, and 5 per cent higher than the previous record of 1,270 ... Full Article...
posted in General at Wed, 03 Feb 2016 19:00:33 +0000

Thursday, January 14, 2016 - Fraser Valley real estate in hot demand throughout 2015

  Fraser Valley real estate experienced its strongest year in a decade in 2015. This was the second highest year for property sales in Fraser Valley?s history, just shy of the region?s previous sales high in 2005. The Board?s Multiple Listing Service® (MLS®) processed 21,095 sales in 2015, 33 per cent more than the 15,840 sales in 2014, and 0.9 per cent fewer than the 21,282 sales in 2005. The total dollar volume of MLS® sales was a record setting $12.1 billion, four billion more than was sold ... Full Article...
posted in General at Thu, 14 Jan 2016 16:01:30 +0000

Wednesday, December 2, 2015 - Market momentum continues for Fraser Valley real estate

Homebuyers showed no signs of slowing down last month as Fraser Valley REALTORS® experienced their second busiest November on record. The Fraser Valley Real Estate Board processed 1,766 property sales on the Multiple Listing Service® (MLS®) in November compared with 1,136 in 2014, an increase of 55 per cent. The previous high of 2,154 sales was set in November, 1989. As released by the Fraser Valley real estate Board.  
posted in General at Wed, 02 Dec 2015 21:34:00 +0000

Friday, November 6, 2015 - No sign of slowdown for Fraser Valley real estate market

Fraser Valley's housing market remained in a seller's market in October, fuelled by low interest rates and strong consumer demand, according to the Fraser Valley Real Estate Board. 
posted in General at Fri, 06 Nov 2015 16:06:18 +0000

Thursday, September 10, 2015 - Strong sales activity continues through August

In August, home sales in the Fraser Valley moderated in comparison to July?s record?setting pace, however, they remained elevated compared to historical norms for the month. As released by the Fraser Valley Real Estate Board. 
posted in General at Thu, 10 Sep 2015 17:36:23 +0000

Wednesday, December 3, 2014 - 2014 trend towards increased sales and steady pricing continues into November

The Fraser Valley Real Estate Board processed 1,136 sales on its Multiple Listing Service (MLS®) in November, an increase of 15 per cent compared to the 986 sales during the same month last year and 22 per cent lower than the 1,448 sales processed in October. Fraser Valley Real Estate Board 
posted in General at Wed, 03 Dec 2014 17:51:25 +0000

Tuesday, November 11, 2014 - Increased demand for Fraser Valley townhouses and single family homes.

The Fraser Valley Real Estate Board processed 1,448 sales on its Multiple Listing Service (MLS®) in October, an increase of 16 per cent compared to the 1,249 sales during the same month last year and 2 per cent more than in September. 
posted in General at Tue, 11 Nov 2014 00:40:53 +0000

Tuesday, October 7, 2014 - Strong summer for Fraser Valley real estate carries through to September

The Fraser Valley Real Estate Board processed 1,419 sales on its Multiple Listing Service (MLS®) in September, an increase of 25 per cent compared to the 1,131 sales during the same month last year, and an increase of 9 per cent compared to sales in August.
posted in General at Tue, 07 Oct 2014 05:12:03 +0000

Thursday, August 7, 2014 - Market strength carries into summer for Fraser Valley real estate

Continued demand for single family homes and townhomes resulted in the busiest July in five years for the Fraser Valley Real Estate Board. The Board?s Multiple Listing Service® (MLS®) processed 1,615 sales in July, an increase of 11 per cent compared to the 1,456 sales in July last year and 1.4 per cent above the 10? year average for the month. Fraser Valley Real Estate Board
posted in General at Thu, 07 Aug 2014 15:45:54 +0000

Friday, July 4, 2014 - Strongest June in four years for Fraser Valley real estate market.

The Fraser Valley Real Estate Board's Multiple Listing Service® (MLS®) processed 1,668 sales in June, an increase of 26 per cent compared to the 1,327 sales in June of last year and 2 per cent higher than sales in May.
posted in General at Fri, 04 Jul 2014 02:10:42 +0000

Thursday, June 12, 2014 - Property Sales Highest....

May's property sales in the Fraser Valley reached the highest they've been in seven years with the Fraser Valley Real Estate Board posting 1,633 sales on its Multiple Listing Service (MLS®), an increase of 18 per cent compared to May 2013 and 11 per cent more than in April. I look forward to working with you to achieve your real estate goals!   Sincerely   Darryl Balkau
posted in General at Thu, 12 Jun 2014 04:05:53 +0000

Wednesday, May 7, 2014 - Solid Balanced Conditions

The Fraser Valley Real Estate Board reports: The growth in sales on Fraser Valley's Multiple Listing Service (MLS®) outpaced the growth in new inventory in April, propelling the market into solid balanced conditions. In April, the Fraser Valley Real Estate Board?s total sales volume increased by 8 per cent year over year and 17 per cent compared to March while new listings saw a 7 per cent increase compared to April 2013 and a 13 per cent increase compared to the previous month. I look forward ... Full Article...
posted in General at Wed, 07 May 2014 07:41:41 +0000

Friday, April 4, 2014 - Increased Activity

In March, the Fraser Valley Real Estate Board (FVREB) processed 1,259 sales on its Multiple Listing Service® (MLS®), an increase of 12 per cent compared to the 1,128 sales during March of last year, and a 14 percent increase compared to February's 1,102 sales. Again, there has been an increase in sales activity and I am pleased to help people be a part of this!
posted in General at Fri, 04 Apr 2014 19:40:18 +0000

Tuesday, March 11, 2014 - Increase in Sales

The Fraser Valley Real Estate Board's Multiple Listing Service® recorded 1,102 sales in February, an increase of 43 per cent over January's sales and an increase of 21 per cent over the 913 sales during February of last year. The market has been very active and I am pleased to help people be a part of this!
posted in General at Tue, 11 Mar 2014 21:07:23 +0000

Thursday, April 4, 2013 - Just Sold - V990630

LIVE THE LEGEND AT THE MAYNARDS BLOCK - south east False Creek's best value. This large 770 sq ft home offers an abundance of space with one large bedroom, a large den with the ability to fit a queen-sized bed, solarium and office. Brand new finishings include stainless appliances, granite counters, soft-close cabinetry, dark laminate flooring and in-suite laundry and luxurious bathrooms. The Maynards Block offers secure underground parking on all of our homes and access to fantastic amenities including a state of the art fitness facility, yoga room, common party room and concierge service. Visit our display suite at 428 West 1st between 12-5 every day except Friday or call for your private showing.

posted in General at Thu, 04 Apr 2013 23:08:05 +0000

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