Fraser Valley home sales fall despite Bank of Canada rate cut SURREY, BC — The policy rate cut of 25 basis points by the Bank of Canada on June 5 was not enough to rally home sales in the Fraser Valley last month. The Fraser Valley Real Estate Board recorded 1,317 sales in June, down [...]
Spring inventory continues to build in the Fraser Valley to levels not seen in nearly five years SURREY, BC — Slower seasonal sales helped build inventory to its highest level since September 2019 in the Fraser Valley in May, creating more balanced market conditions for home buyers and sellers. The increase in supply over the past [...]
Modest increase in April home sales in the Fraser Valley takes lead from cooler spring weather SURREY, BC — Supply of available homes in the Fraser Valley market continued to build last month, however buyers remained relatively hesitant, leading to a cooler resale market in April. The Fraser Valley Real Estate Board recorded 1,471 transactions [...]
March home sales growth off last month’s pace, but supply still building in the Fraser Valley SURREY, BC – Home buyers in the Fraser Valley have more choice heading into the spring market with inventory levels for March at the highest they’ve been in the past five years. However, March sales were slower than anticipated with [...]
Sales, listings continue to pick up heading into spring SURREY, BC — Home sales in the Fraser Valley posted a second consecutive bump in February as new listings continue to rise and trend slightly above the 10-year seasonal average. The Fraser Valley Real Estate Board recorded 1,235 transactions on its Multiple Listing Service® (MLS®) in [...]
Signs of stability in Fraser Valley housing market SURREY, BC — The Fraser Valley real estate market showed signs of recovery in January as home sales rose after six consecutive months of decline, and new listings more than doubled. The Fraser Valley Real Estate Board recorded 938 transactions on its Multiple Listing Service® (MLS®) in January, [...]
New listings lag as Fraser Valley real estate market sees third month of declining sales SURREY, BC — With sales down almost seven per cent from October, and new listings off by more than 20 per cent, the Fraser Valley housing market continues its slowing trend heading into the holiday season. Despite the market slowdown, opportunities [...]
Fraser Valley housing market signals further settling as sales continue to stall in response to interest rate rises SURREY, BC — Robust active listings and relative steady sales activity continued to bring balance to the Fraser Valley real estate market in August. The past several months of rising inventory combined with a slowing trend in sales [...]
A Special Announcement We are proud and thankful to be awarded the 2020 A.R. LePage Broker of the Year for British Columbia, the second time we have won this prestigious award. Our company culture is the primary driving force behind our success, so we gratefully share this award with our agents, managers, staff, and clients, each [...]
It is with great pleasure that I announce the acquisition of Royal LePage Wheeler Cheam Realty with offices in Chilliwack, Mission and Hope. Wheeler Cheam has been a trusted brand for over a century, and for the last 43 years, run by my good friend Stuart Muxlow. There are a tremendous amount of parallels between our [...]
