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A market of extremes: near record sales in August combined with lowest supply in four decades

SURREY, BC – Demand for Fraser Valley real estate remained elevated in August reaching the second highest sales ever for the month against a backdrop of decreasing supply. The Board processed a total of 2,087 property sales on its Multiple Listing Service® (MLS®) in August, an increase of 4.0 per cent ...

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Fraser Valley home sales remained steady in July; lowest supply in forty years

  SURREY, BC – Market activity in the Fraser Valley – both sales and new listings – softened in July, however buyers continued to significantly outnumber sellers resulting in inventory reaching the lowest for the month since 1981. The Board processed a total of 2,006 property sales on its Multiple Listing ...

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Mirroring the weather, Fraser Valley’s hot housing market cooled slightly in June going from a boil to a simmer

  Sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) remained robust in June however, for the first time since last September, monthly sales did not break a historical record.In June, the Board processed 2,247 sales on its MLS®, a decrease of 24 per cent compared to ...

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Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand

SURREY, BC – Fraser Valley’s extraordinary pandemic real estate market continued to break sales records – for the ninth consecutive month – while at the same time, reaching near-historic levels of new listings in May. In May, the Fraser Valley Real Estate Board (FVREB) processed 2,951 sales on its Multiple Listing ...

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