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Record-shattering December caps unexpected year in Fraser Valley real estate
January 5, 2021
In a year when the real estate market was at a standstill for months due to COVID-19, total annual sales in the Fraser Valley still finished 12.4 per cent above the 10-year average due to unrelenting, pent-up consumer demand during the second half of 2020. In December, the ...
Continue ReadingUnrelenting demand for Fraser Valley detached and townhomes continued in November
December 2, 2020
SURREY, BC – For the fifth consecutive month, demand for real estate in the Fraser Valley showed no signs of waning. Overall property sales for the month of November again set a new Board record. Sales records were also broken in September and October; and since July, all activity ...
Continue ReadingCanadian recreational house prices soar 11.5% as remote work drives demand in cottage country
December 1, 2020
Canada’s recreational property market forecast to increase 8% in 2021 86% of recreational property regions are reporting lower inventory as demand outpaces supply 54% of recreational property regions are reporting a significant increase in buyers who are purchasing a new primary residence where they will work remotely TORONTO, ON, November ...
Continue ReadingHousing market activity reaches historic levels in September
October 2, 2020
Housing market activity reaches historic levels in September Consumer demand for real estate in the Fraser Valley remained robust for the fourth consecutive month, with overall sales and new listings reaching record-breaking numbers in September. The Fraser Valley Real Estate Board processed 2,231 sales on its Multiple Listing Service® (MLS®) ...
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