January 2021

FVREB Exclusive: What’s in store for home sales in our region in 2021?

Posted on Jan 15, 2021

(Part 2 of 2)As promised, here’s the second installment – for you to share with your clients – of our two-part feature offering in-depth analysis of the Fraser Valley market post-2020 – from one of BC’s foremost economists and our industry’s main resource for housing market intelligence, Brendon Ogmundson.Last issue, Brendon focused on the incredib...

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FVREB Exclusive: Why did our market take off during a global pandemic?

Posted on Jan 14, 2021

(Part 1 of 2)Now that you’ve caught your breath (for a moment).On the heels of the busiest, most unexpected December in our Board’s history and half a year of the market out-performing all expectations during COVID-19, we turned to one of the most in-demand, economists in our province for insight for you to share with your clients.We were fortunate...

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Record-shattering December caps unexpected year in Fraser Valley real estate

Posted on Jan 07, 2021

SURREY, BC – 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...

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