STRONG SALES ACTIVITY CONTINUES THROUGH AUGUST

September 3rd, 2015

SURREY, BC – In August, home sales in the Fraser Valley moderated in comparison to July’s record-setting pace, however, they remained elevated compared to historical norms for the month.

There was a total of 1,734 property sales processed in August, an increase of 33 per cent compared to 1,302 sales during August of last year and a decrease of 21 per cent compared to July’s 2,184 sales.

Jor ...

Economic Uncertainty Prompts Modest Decline in CLI

September 1st, 2015

Vancouver, BC – September 2, 2015.  The BCREA Commercial Leading Indicator (CLI) declined in the second quarter by 0.4 points to 120.6, the first decline in the index since the beginning of 2014. However, due to strong gains over the past four quarters, the trend underlying the CLI continues to push higher.

“Uncertainty in the global economy roiled financial and commodity markets in the seco ...