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New B.C. Home Owner Mortgage and Equity Partnership Program Today while in Surrey, BC, our Premier Christy Clark announced that the provincial government will be matching the down payment of first-time home buyers with five-year interest-free, payment-free loans. Here are [...]
The Fraser Valley real estate market experienced a decrease in overall property sales by 29.4% over 2015 and is finally returning to more characteristic levels for this time of year: 1,247 sales closed in November 2016 compared to 1,766 in [...]
Low Inventory Levels Create Prime Opportunities In spite of the foreign home buyer’s tax, Fraser Valley property sales in October 2016 keep chugging right along, increasing by 12.1% compared with sales in September 2016. As prices begin to even out, [...]
Earlier this month CTV News published an article outlining the details of the Federal Government’s announcement on new measures designed to help stabilize the real estate market and close real estate tax loopholes for foreign buyers. Here is a look [...]
On October 3, 2016 Canadian Finance Minister Bill Morneau announced changes to Canadian mortgage laws that are designed to protect borrowers from taking on mortgages they can not afford. Essentially, the new law requires that all insured mortgages in Canada [...]
Fraser Valley Inventory Peaks and Sales Settle for Fall For a full September 2016 real estate update, please view the FVREB September 2016 News Release. The once hot real estate market in the Fraser Valley has finally begun to ease [...]
On a monthly basis, year by year sales comparisons for the Fraser Valley are well above historical averages but below the recent record-setting high in March of 2016. Home sales processed in the month of June, including all property types, [...]
As spring comes to a close in just a few short weeks many have watched in awe as the Fraser Valley real estate market has experienced month after month of recording breaking action. This May is no exception and we [...]
We are now four for four in record-setting months of real estate in BC’s Fraser Valley! Home sales in the Fraser Valley reached 2,969 in April 2016, making it the highest April on record. It was an increase of 47.8% [...]
Is Now the Time to Sell? Record breaking home sales across the Fraser Valley in the first quarter of 2016 make this an excellent time to consider selling your home! In March 2016 alone there has been a 62% increase [...]