June 2023: Low Supply While Demand Stays High (Multiple Listing Service)
The real estate market in Fraser Valley, BC had a strong month in June, with sales reaching levels similar to the average for the past decade per Multiple [...]
May 2023 Stats: Prices and Demand Rise
The Fraser Valley real estate market saw an increase in new listings providing some relief to housing supply issues. Active listings also grew by 20% in May 2023, [...]
What is the Tax-Free First Home Savings Account (FHSA)?
The Tax-Free First Home Savings Account (FHSA) is a government program that helps Canadians save money for their first home. It was introduced in 2019 as part of [...]
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 [...]