Fraser Valley Home Sales in October Consistent with 10-year Average.

For Immediate Release: Nov. 4, 2013

SURREY, BC – An increase in sales and a decrease in new listings last month resulted in Fraser Valley’s real estate market returning to typical activity levels for October – on par with that month’s 10‐year average.

The Fraser Valley Real Estate Board posted 1,249 sales on its Multiple Listing Service (MLS®) in October, an increase of 19 per cent compared to the 1,053 sales processed during October 2012. At the same time, the Board received 2,336 new listings, a decrease of 7 per cent compared to the 2,522 new listings received during the same time period last year.

Ron Todson, President of the Fraser Valley Real Estate Board, says, “We’ve had a great summer and good early fall, but it’s important to remind everyone...

September Housing Market Shows Marked Improvement Over Last Year’s Historical Lows

SURREY, BC – Oct. 2, 2013 

The Fraser Valley real estate market continues to edge closer to typical activity levels as September 

saw the largest year‐over‐year increase in property sales this year to date.     

The Fraser Valley Real Estate Board processed 1,131 sales on its Multiple Listing Service® (MLS®) in 

September, an increase of 32 per cent compared to the 857 sales&nbs...

The latest Fraser Valley Real Estate Statistics for Home Sales in the Fraser Valley market area are available. This information is produced by the Fraser Valley Real Estate Board.

Lower inventory keeps home prices in check as ‘slow but steady’ market continues

SURREY, BC – In March, the Fraser Valley Real Estate Board processed 1,128 sales on its Multiple Listing Service® (MLS®), a 20 per cent decrease compared to the 1,412 sales during the same month last year, and a 24 per cent increase compared to February’s 913 sales.

The Board also received 11 per cent fewer new listings in March compared to last year – 2,736 compared to 3,066 – keeping inventory in check. March finished with 9,503 active listings, 1.5 per cent fewer than March of last year and 3.5 per cent fewer than the 9,832 available during March of 2009; the highest...

According to the Fraser Valley Real estate Board:

Published on March 04, 2013

Positive signs Fraser Valley housing market is starting to move

Sales on Fraser Valley’s Multiple Listing Service® (MLS®) in February experienced a typical ‘early spring’ surge, increasing by 48 per cent in one month going from 617 sales in January to 913 last month. However year-over-year, they reflect a decrease of 28 per cent compared to the 1,269 sales processed in February 2012. Since last September, home sales have idled at levels last seen in the early 2000s.

Based on February’s increase in activity, Ron Todson, President of the Board, is guardedly optimistic, “We’re seeing signals that the stand-off between buyers and sellers over the last six months is coming to an end.

“Business has picked up in the last month with increased traffic...

According to the Fraser Valley Real Estate Board:

Home sales slow to near historic levels in Fraser Valley as buyers watch and wait from the sidelines

SURREY, BC – A total of 617 sales were processed through the Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) in January, a decrease of 23 per cent compared to 799 sales during the same month last year. January 2013 ranks as the second slowest for that month in the last thirteen years, second only to January 2009 during the global recession.

Scott Olson, president of the board, says there is a distinction between what REALTORS® saw four years ago compared to today. “People want to buy. We’re already seeing early signs of a typical spring market with more foot traffic at open houses and an increase in calls.

“Buyers have been holding off in hopes that prices...