What is the Home Buyer Rescission Period?
Are you in the market to purchase a new home? Did you know that as of January 3, 2023, the British Columbia (B.C.) government implemented the Home Buyer [...]
April 2023 Stats: Steady Spring Sales and Rising Prices
Despite low inventory levels, the Fraser Valley Real Estate Board processed 1,554 sales on its Multiple Listing Service in April, which is nearly unchanged from March and a [...]
March 2023 Stats: Continued Growth in Fraser Valley Real Estate
Good news for the Fraser Valley real estate market in March 2023 as sales increased for the second month in a row. However, sales are still below the [...]
BC Market Balancing Despite Low Inventory
Around the province March 2023 The British Columbia Real Estate Association (BCREA) has reported a decline in the housing market for March 2023, with only 7,118 residential units [...]
February 2023 Stats: Sales Slightly Increase and Signal Stability
February brought a slight increase in activity to Fraser Valley real estate. Sales were up for the first time since October 2022, and property prices also saw a [...]
January 2023 Stats: New Year, Slow Start to Sales
January 2023 Stats: New Year, Slow Start to Sales Real estate in Mission had a slow start as January 2023 saw the slowest month of sales in a [...]
December 2022 Stats: Sales Slow and Bring Balance
After the historic number of sales in 2021, 2022 brought back balance to the BC real estate market. Tools introduced by the BC Government included 7 interest rate [...]
November 2022 Stats: Third Month of Declining Sales
On December 7, 2022, the Bank of Canada announced another interest rate hike, from 4.25% to 4.50%. As rates rise to combat inflation, sales and new listings have [...]