Fraser Valley Market Update - April 2020

Posted on May 05, 2020 in Real Estate Market Update

Fraser Valley real estate market contracts and adapts in response to public health measures to mitigate COVID-19Although early March numbers promised a busy spring, we saw both sales and listing sharply decreased as we implemented social distancing regulations.

Although volume of new listings drastically fell in April, the market remains stable.

We e...

Fraser Valley Market Update March 2020

Posted on Apr 10, 2020 in Real Estate Market Update

March sales and new listing data show preliminary impact of COVID-19 on Fraser Valley housing market

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 p...

Fraser Valley Market Update February 2020

Posted on Mar 06, 2020 in Real Estate Market Update

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 typ...

Fraser Valley Market Update January 2020

Posted on Feb 04, 2020 in Real Estate Market Update

Here's your Monthly Real Estate Round up for the Month of January 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®...

2020 Real Estate Market Predictions

Posted on Jan 27, 2020 in Real Estate Market Update

2019 Market Recap

As anticipated, 2019 had a sluggish start to the first half of the year. A few contributing factors to this were the newly introduced stress test, some buyer uncertainty and a surplus of inventory. However, in the summer the market started to correct itself, restoring some balance which in turn caused Fraser Valley home sales to pi...

September Real Estate Market Update

Posted on Oct 04, 2018 in Real Estate Market Update

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 o...

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