October Market Update
Posted on Oct 09, 2020
Fall has arrived!
September was a RECORD-BREAKING month for sales for the Fraser Valley Real Estate board! We are seeing a resurgence of multiple offers in some cases and the demand for single family homes is up along with benchmark prices across the Fraser Valley region. The condo market has taken a dip which was a trend we were seeing even before...
September was a RECORD-BREAKING month for sales for the Fraser Valley Real Estate board! We are seeing a resurgence of multiple offers in some cases and the demand for single family homes is up along with benchmark prices across the Fraser Valley region. The condo market has taken a dip which was a trend we were seeing even before...
Home Prices to Drop
Posted on Sep 24, 2020
Home prices to drop, new report predicts — and even Toronto and Vancouver won't be immune
Moody's predicts prices for all housing types to fall more than 7 per centCMHC to Get New Name, Maybe 'Housing Canada'
Posted on Sep 22, 2020
By: Steve HueblWhat’s in a name? Well, in the case of the Canada Housing and Mortgage Corporation, “mortgage” likely won’t for much longer.The housing agency announced last week that it will be undergoing a rebranding in the coming months to better reflect its mandate. CEO Evan Siddall says the current name overemphasizes homeownership financing an...
Can a Real Estate Deal Fall Through Due to COVID-19?
Posted on Sep 17, 2020
*Courtesy of the Remax Blog
5 Frequently Asked Questions About Real Estate Agreements During COVID-19*
*This article was written by Mark Weisleder of RealEstateLawyers.ca LLPIn the wake of COVID-19 there has been a lot of uncertainty—this fragility has extended to the housing market as many were either mid-deal, planning on buying or selling, or had...September Market Update
Posted on Sep 10, 2020
Welcome to September!
Wow that was one HOT summer housing market in the Fraser Valley!! In White Rock and South Surrey specifically, detached home sales were up 86.4% over August 2019, townhouses sales were up a whopping 102.2% and condos were up 23.8%.
Currently the supply just can't meet the current demand and in some cases homes are receiving mult...
August Market Update
Posted on Aug 18, 2020
Welcome to August!
In the recent stats the "FVREB processed a total of 2,100 sales in July, an increase of 22.2 per cent compared to sales in June and an increase of 44 per cent compared to the 1,458 sales during July of last year. Last month’s sales were 25.5 per cent above the ten-year a...
July was one HOT month for Real Estate in the Fraser Valley!
In the recent stats the "FVREB processed a total of 2,100 sales in July, an increase of 22.2 per cent compared to sales in June and an increase of 44 per cent compared to the 1,458 sales during July of last year. Last month’s sales were 25.5 per cent above the ten-year a...
