2014 trend towards increased sales and steady pricing continues into November

 

SURREY, BC – The Fraser Valley Real Estate Board processed 1,136 sales on its Multiple Listing Service (MLS®) in November, an increase of 15 per cent compared to the 986 sales during the same month last year and 22 per cent lower than the 1,448 sales processed in October.

 

New listings in the Fraser Valley decreased by 2 per cent in November, going from 1,774 last year to 1,748 last month taking the number of active listings to 8,302, a decrease of 4 per cent compared to the 8,641 active listings in November of 2013.

 

“This is the time of year when families are settling in for winter and the holidays, so we expect to see a decrease in activity,” explains the Board’s president, REALTOR® Ray Werger. “After a busy fall with volumes reaching 5‐year highs, we’re...

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Metro Vancouver home sales remain strong

 

VANCOUVER, B.C. – December 2, 2014 – Home buyers in Metro Vancouver remained active in November, a month that is traditionally a quieter time of year for real estate.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 2,516 on the Multiple Listing Service® (MLS®) in November 2014. This represents an 8.4 per cent increase compared to the 2,321 sales in November 2013, and a 17.7 per cent decline compared to the 3,057 sales in October 2014.

 

Last month’s sales were 6.9 per cent above the 10-year sales average for November. “It’s been a more active fall than we typically see in the Metro Vancouver housing market,” Ray Harris, REBGV president said. “Home prices across the region have experienced steady gains in 2014 of...

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I have listed a new property at 32811 BEVAN AVE in Abbotsford.
Rare Rancher with full basement in a super central location - easy freeway access and minutes to Mill Lake, all levels of schools, shopping and the hospital. At 2728 sf with 5 bedrooms, this home has many options. The main level features alarge living room with wood burning fireplace, dining room and kitchen with additional eating area. 3 bedrooms and 2 bathrooms (1 ensuite) complete upstairs. Downstairs features a large 1 or 2 bedroom unauthorized suite with separate entry and parking. Need a 4th bedroom, man cave, large office or an extra rec room for your kids? This floorplan allows this large 2nd bedroom to easily be used by the main house. Fenced corner lot with a big single garage and lots of driveway and street parking.
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