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BC Home Sales to Decline in 2017 from Record Pace

November 29th, 2016

For immediate release

BC Home Sales to Decline in 2017 from Record Pace  
BCREA 2016 Fourth Quarter Housing Forecast

Vancouver, BC – November 29, 2016The British Columbia Real Estate Association (BCREA) released its 2016 Fourth Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to climb 11 per cent to a record 113,800 unit ...

Federal government changes to mortgage insurance rules

October 14th, 2016

Via BCREA

The Federal Government announced significant changes to regulations for new-government backed insured mortgages today. Effective October 17, 2016, all insured homebuyers will have to qualify at the posted 5-year qualifying rate.  This is a change from previous policy where only variable rate mortgages and mortgages with terms less than 5-years were subject to a higher qualifying ra ...

REALTORS® endorse plan to create charitable foundation to benefit Fraser Valley communities

September 27th, 2016

For Immediate Release: September 27, 2016

SURREY, BC – On Monday, September 26, Fraser Valley REALTORS® voted in support of a plan that will transfer a valuable asset owned by their professional association, the Fraser Valley Real Estate Board (FVREB), into a new charitable foundation dedicated to helping those in need in the Fraser Valley.

The asset is 3.5 acres of prime, vacant land situa ...

Sales activity continues to slow down for the Fraser Valley in August

September 3rd, 2016

Sales activity continues to slow down for the Fraser Valley in August

SURREY, BC – While sales in August remained above the ten-year average for the month historically, the number of transactions processed in the Fraser Valley continued to decrease following this year’s bustling spring.

The Fraser Valley Real Estate Board processed 1,694 sales of all property types on its Multiple Listing S ...

Fraser Valley housing market simmers in July

August 3rd, 2016

SURREY, BC – Sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) remained strong in July – however, for the first time this year, monthly sales did not break a historical record for our region.

The Fraser Valley Real Estate Board processed 1,962 sales of all property types on its MLS® in July, a decrease of 10.2 per cent compared to the 2,184 sales in July 2015, a ...

Fraser Valley housing market remains hectic

July 9th, 2016

For Immediate Release: July 5, 2016

SURREY, BC – Consistent with the preceding two months, June saw a record-setting number of sales for the month historically, but continued easing off since this year’s sales peak in March.

The Fraser Valley Real Estate Board processed 2,864 sales of all property types on its Multiple Listing Service® (MLS®) in June, an increase of 18.7 per cent compared to ...

Four-for-four in record-setting months for Fraser Valley real estate

May 5th, 2016

SURREY, BC – Once again Fraser Valley real estate saw record-breaking numbers with April sales reaching higher than any previous April historically.

Last month, the Fraser Valley Real Estate Board processed 2,969 sales on its Multiple Listing Service® (MLS®), an increase of 47.8 per cent compared to April 2015. The previous record for sales processed in an April was set in 1991 at 2,513. How ...

BC Home Sales Sizzle at Record Pace

March 14th, 2016

For immediate release

BC Home Sales Sizzle at Record Pace

Vancouver, BC – March 14, 2016The British Columbia Real Estate Association (BCREA) reports that a total of 9,637 residential unit sales were recorded by the Multiple Listing Service® (MLS®) last month, up 44.7 per cent from February of last year. This smashed the previous record of 8,157 unit sales for the month of February rec ...

NEW YEAR BRINGS STRONGEST JANUARY ON RECORD

February 5th, 2016

*Please be advised that this month's stats package has been revised to reflect an updated Home Price Index and Benchmark Prices

Additional statistics reports and graphs, many only available to members can be found on our Statistics page on http://www.realtorlink.ca.

News Release: February 2, 2016

NEW YEAR BRINGS STRONGEST JANUARY ON RECORD

SURREY, BC – Fraser Valley’s real estate market s ...

Strong Housing Demand Forecast Through 2017 BCREA 2016 First Quarter Housing Forecast Update

January 28th, 2016

For a PDF version of this news release, including data table, follow this link:
www.bcrea.bc.ca/docs/news-2016/2016-01-28forecast.pdf.

For immediate release

Strong Housing Demand Forecast Through 2017
BCREA 2016 First Quarter Housing Forecast Update

Vancouver, BC – January 28, 2016. The British Columbia Real Estate Association (BCREA) released 2016 First Quarter Housing Forecast Update today ...

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