Local Real Estate News

May Market Update

Posted on May 05, 2021

Monthly sales and new listings in the Fraser Valley continue blistering pace; surge in inventory starting to calm prices

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 surpa...

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March Market Update

Posted on Apr 06, 2021

March shatters monthly sales and new listings records in the Fraser Valley

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.L...

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February Market Update

Posted on Mar 02, 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...

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January Market Update

Posted on Feb 04, 2021

Fraser Valley real estate market full steam ahead in January; another record-setter for property sales.

SURREY, BC – In a month that is usually one of the quietest in real estate, Fraser Valley’s market continued at a breakneck pace, producing the strongest January sales on record as well as a modest uptick in new listings.

The Fraser Valley Real Est...

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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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