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The numbers are now in and we can confirm that August 2017 was the second strongest August on record in terms of sales. Sales were up 10.9% compared to last August and only dipped 3% from last month. "It's not [...]
“Fraser Valley home sales still strong despite summer slowdown.” In looking at last month’s real estate statistics package compiled by the Fraser Valley Real Estate Board there are several key points that stand out to me: 1. Greater Inventory of [...]
“Fraser Valley apartment sales reach all-time high in June.” This June apartment/condos represented over one quarter (27%) of all real estate transactions in the Fraser Valley. Board President Gopal Sahota says there is a growing appetite for attached properties and [...]
Growing sales in Fraser Valley met with bump in new inventory. If you are actively looking a buy a home in the near future the above headline of May’s Fraser Valley Real Estate Board’s News Release should be promising! The [...]
“Attached home sales thrive as overall inventory remains scarce.” Each month the Fraser Valley Real Estate Board releases real estate statistics for communities throughout the Fraser Valley including North Delta, North Surrey, Surrey, Cloverdale, South Surrey & White Rock, Langley, [...]
“Fraser Valley enjoys healthy market in February” The most recent news release by the Fraser Valley Real Estate Board states that the Fraser Valley housing market returned to more normal levels in February. Sales and new listings are on-par with [...]
“Healthy intake of new inventory, sales reaching above ten-year average.” New Fraser Valley Real Estate Listings in January 2017 compared to December 2016. (Infographic house image from Openclipart.org) It’s a very strong start to the new year with 2,178 new [...]
Foreigners who have work permits and are resident in BC will soon be exempt from the foreign owner’s tax that was implemented in August of 2016. There were no details on the exemption that Christy Clark announced during a Lunar [...]
On January 10th, 2017, the BC Government announced it would be raising the BC home owner grant amount to $1.6 million, a 33% increase in the threshold. This is an increase of $400,000 over last year’s maximum allowable home owner [...]
The overall total MLS transactions, and the dollar volume sold in the 2016 Fraser Valley Real Estate market, both showed remarkable increases over 2015. Overall sales for 2016 increased by 13.6% to 23,974 transactions over the 21,095 sales in 2015. [...]