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Home sales fall for fifth straight month in the Fraser Valley
December 5, 2023
SURREY, BC — The Fraser Valley real estate market continues to cool heading into the holiday season as buyers and sellers maintain the holding pattern seen over the latter half of this year. The Fraser Valley Real Estate Board recorded 891 transactions on its Multiple Listing Service® (MLS®) in November, ...
Continue ReadingOctober Market Data & Eye on the Market
November 16, 2023
Home sales in the Fraser Valley fell for the fourth straight month in October as buyers, sellers, and members alike wait for the cost of borrowing to stabilize. With 970 sales, October 2023 was the ninth slowest in the Fraser Valley in a decade — down 11.8 per cent from ...
Continue ReadingCanadians are combining their buying power and co-owning homes with family and friends to combat unaffordability
September 1, 2023
High property prices, elevated interest rates and the rising cost of living has prompted many Canadians to rethink their lifestyle and housing needs. For some, this means pooling financial resources with other family members and friends in order to gain access to the housing market. By co-owning a property ...
Continue ReadingSeasonality, interest rates temper sales in the Fraser Valley
August 3, 2023
SURREY, BC — After five months of successive increases, real estate sales in the Fraser Valley dropped in response to a combination of continued rising interest rates and the summer sales cycle. The Fraser Valley Real Estate Board processed 1,368 sales in July on its Multiple Listing Service® (MLS®), a ...
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