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	February 6 2012 Looking for greater affordability? Head to Fraser Valley According to the president of the Fraser Valley Real Estate Board (FVREB), international affordability studies regarding Vancouver are misleading because they don’t reflect the reality that homebuyers purchase more affordable homes every day in neighbouring communities. Sukh Sidhu is a REALTOR® who lives and works in Abbotsford. “So far this month, over 50 homebuyers in the Fraser Valley have purchased a condo for $199,000 or less and over 100 families are now proud owners ... Fraser Valley Real Estate Board More...
	February 6 2012 Sluggish Start to Sales in Fraser Valley Fraser Valley Real Estate Board Market Report The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) processed 799 sales in January, a decrease of 4 per cent compared to the 834 sales in January last year and 10 per cent fewer than were processed in December. In the last decade, January 2012 was second only to 2009 for lowest volume. On the flip side, compared to other starts during the last 10 years, the Board received one of its highest influxes of new listings for January – 2,753 – 5 per cent ... Fraser Valley Real Estate Board More...
	January 4 2012 2011 Real Estate Market Showcases Regional Variation Fraser Valley Real Estate Board Market Report Overall, Fraser Valley’s real estate market in 2011 was below the 10-year average in property sales and above average in the number of new listings received, however, according to the president of the Fraser Valley Real Estate Board, results varied widely depending on the community and property type. Sukh Sidhu observes, “I can’t remember a year that illustrates better how local real estate is and the importance of talking to your REALTOR® before making a ... Fraser Valley Real Estate Board More...
	December 2 2011 Steady demand for homes heading into the holidays Fraser Valley Real Estate Board Market Report November property sales in the Fraser Valley are up slightly compared to last year and didn’t experience the usual month-over-month seasonal decline. The Fraser Valley Real Estate Board processed 1,120 sales in November on its Multiple Listing Service® (MLS®), an increase of 3 per cent compared to the 1,084 sales during the same month last year and a decrease of 2 per cent compared to 1,139 sales in October. In the last decade, sales decreased on average 9 per cent ... Fraser Valley Real Estate Board More...
	November 2 2011 Advantage buyers … in Fraser Valley’s housing market Fraser Valley Real Estate Board Market Report Below average home sales combined with a regular influx of new listings continue to give buyers the upper hand in communities south of the Fraser River, including Mission. However, according to the president of the Fraser Valley Real Estate Board, Sukh Sidhu, “There is action when the property is competitively priced. “It is not a quiet market. Priced‐right properties are selling thanks to the continuation of low interest rates.” Sidhu adds, “What’s happening ... Fraser Valley Real Estate Board More...
	October 4 2011 More Listings, Fewer Sales Keeping Lid on Prices in the Fraser Valley Fraser Valley Real Estate Board Market Report Property sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) in September were the third lowest for that month in the last decade, while new listings for September ranked the second highest. Sukh Sidhu is FVREB’s president. “This is the third month in a row based on the 10-year average where we’ve seen lower sales combined with a higher influx of new listings.” The Fraser Valley Real Estate Board processed 1,165 sales in ... Fraser Valley Real Estate Board More...
	September 2 2011 Home Sales in Fraser Valley Hold Steady in August Fraser Valley Real Estate Board Market Report The Fraser Valley Real Estate Board processed 1,341 sales on the Multiple Listing Service® (MLS®) in August, an increase of 35 per cent compared to the 997 sales during the same month last year and slightly higher than the 1,322 sales in July. Sukh Sidhu, president of the Fraser Valley Real Estate Board, says, “We typically see a summer dip in sales in August compared to July and that didn’t happen this year. We attribute the current steady market to interest rates remaining ... Fraser Valley Real Estate Board More...
	August 3 2011 Home Sales Take Summer Dip; Prices Remain Stable in the Fraser Valley Fraser Valley Real Estate Board Market Report The Fraser Valley Real Estate Board processed 1,322 sales on the Multiple Listing Service® (MLS®) in July, an increase of 20 per cent compared to the 1,101 sales during the same month last year, however 17 per cent fewer than the 1,588 sales in June. While sales decreased month-over-month, listings went up. The board posted 2,931 new properties on its MLS® in July – 6 per cent more than received in June and 24.5 per cent more than in July 2010 – pushing overall inventory ... Fraser Valley Real Estate Board More...
	July 6 2011 Ratio of Property Sales to Inventory Remains Stable in the Fraser Valley Fraser Valley Real Estate Board Market Report For three consecutive months, the percentage of properties sold in the Fraser Valley compared to those that were available for purchase has remained at 16 per cent, reflecting a balanced market starting to favour buyers. In June, the Fraser Valley Real Estate Board processed 1,588 property sales on its Multiple Listing Service (MLS®), while at the same time had 9,758 active listings available. Sukh Sidhu, president of the Board, explains, “When supply and demand remain as ... Fraser Valley Real Estate Board More...
	June 2 2011 Fraser Valley Housing Market Shows Local Variation Fraser Valley Real Estate Board Market Report The Fraser Valley Real Estate Board processed 1,608 property sales on its Multiple Listing Service (MLS®) in May, an increase of 9 per cent compared to 1,477 sold during May of last year, and an increase of 6 per cent compared to April’s 1,516 sales. Sukh Sidhu, president of the Board, reports, “Overall, the Fraser Valley market is in a balanced position, however there are significant differences amongst individual communities and property types stressing the importance of ... Fraser Valley Real Estate Board More...
	May 3 2011 April Home Sales Return to Balance Fraser Valley Real Estate Board Market Report The Fraser Valley Real Estate Board processed 1,516 property sales on its Multiple Listing Service (MLS®) in April, a decrease of 15 per cent compared to 1,793 sold during April of last year, and a decrease of 17 per cent compared to March’s 1,818 sales. Sukh Sidhu, president of the Board, explains, “April’s sales are pretty typical for that month over the last two decades with the 20-year average being 1,580, but softer than what we saw earlier this year. “The Fraser ... Fraser Valley Real Estate Board More...
	April 4 2011 March home sale activity reaches 5-year high in Fraser Valley Fraser Valley Real Estate Board Market Report Last month, Fraser Valley REALTORS® experienced their busiest March in terms of sales on the Multiple Listing Service®, since 2006. The Fraser Valley Real Estate Board processed 1,818 property sales in March, an increase of 16 per cent compared to 1,565 sold during March of last year, and an increase of 42 per cent compared to February’s 1,279 sales. In March of 2006, there were 2,072 sales. Sukh Sidhu, Board president, explains, “We are seeing strong demand in Fraser Valley ... Fraser Valley Real Estate Board More...
	March 2 2011 Early Spring Surge in Sales & New Listings Fraser Valley Real Estate Board Market Report The Fraser Valley Real Estate Board processed 1,279 sales on the Multiple Listing Service® (MLS®) in February, an increase of six per cent compared with 1,204 sold during February 2010, and 53 per cent more than the 834 listings that sold last month. Sukh Sidhu, Board president, confirms the market is more active earlier than expected. “Fraser Valley REALTORS® are busy. We sold 659 detached homes last month compared to 398 in January. We also saw the greatest ... Fraser Valley Real Estate Board More...
	February 2 2011 Increase in Listings Advantageous for Fraser Valley Buyers Fraser Valley Real Estate Board Market Report The Fraser Valley Real Estate Board reports an increase in listing activity and steady sales for the first month of 2011. Deanna Horn, president of the Board says, “In addition to an influx of new inventory in January, ourREALTORS® had more inquiries and increased traffic at open houses boding well for a solid spring market in theFraser Valley.” There were 834 sales processed on the Board’s Multiple Listing Service® (MLS®) in January, a decrease of 15 per cent ... Fraser Valley Real Estate Board More...
	January 26 2011 Federal government brings in new mortgage financing rules In January 2011, the federal government introduced new rules for government-backed insured mortgages to help Canadians save. New mortgage rules 1. The government is reducing the maximum mortgage amortization period to 30 years from 35 years. 2. The government is reducing the maximum amount of the value of a home that can be re-financed to 85 per cent from 90 per cent. 3. The government will no longer provide insurance backing to financial institutions insuring home equity lines of credit. "These are prudent measures that promote responsible lending practices and further ... Real Estate Board of Greater Vancouver More...
	January 6 2011 Stability Reigns in Latter Half of 2010 Real Estate Market Fraser Valley Real Estate Board Market Report Stable property sales and a steady erosion of inventory for the last seven months of 2010 have brought equilibrium to Fraser Valley’s real estate market. “Our market was a bit of a rollercoaster in 2010 with buyers appearing earlier than expected in the year, tapering in the summer and returning in the fall,” says Deanna Horn, Board president. “As consumers regained their confidence in the overall economy, we saw a normalization of the market with sales at or slightly ... Fraser Valley Real Estate Board More...
	December 3 2010 Consistent Home Sales in the Fraser Valley Speak to Consumer Confidence Fraser Valley Real Estate Board Market Report For the fifth consecutive month, sales processed on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) have remained stable with November’s figures showing a modest increase over October.“Consumers are responding to how prices have moderated in the last six months, in addition to the double dip in mortgage rates,” says Deanna Horn, Board president.“Buyers are optimistic because of the improved economic conditions, which is why we’re ... Fraser Valley Real Estate Board More...
	November 4 2010 Fraser Valley Housing Market "Getting Back to Normal" Fraser Valley Real Estate Board Market Report Fraser Valley’s real estate market moved towards balance in October as inventory continued to decrease and sales and prices remained stable. A total of 1,014 sales were processed on the Fraser Valley Real Estate Board’s Multiple Listing Service® in October, a decrease of 3 per cent compared to 1,044 sales in September and a decrease of 40 per cent compared to 1,704 sales in October of last year. Deanna Horn, FVREB President, says, “With help from near record low mortgage ... Fraser Valley Real Estate Board More...
	October 4 2010 September Previews Fall Real Estate Market in the Fraser Valley Fraser Valley Real Estate Board Market Report After a slowdown in July and August, the Fraser Valley Real Estate Board (FVREB) saw a modest month-over-month increase in sales on its Multiple Listing Service (MLS®) in September and a decrease in overall inventory for the fourth month in a row. Deanna Horn, FVREB President, says, “This is the beginning of the fall market. Our sales, while lower than a typical September, are up compared to the summer and the average days to sale for single detached homes decreased slightly compared ... Fraser Valley Real Estate Board More...
	August 4 2010 Fraser Valley Home Buyers Take Holiday in July Real Estate Market Report from the Fraser Valley Real Estate Board The Fraser Valley Real Estate Board (FVREB) processed 1,101 sales on its Multiple Listing Service (MLS®) in July, a decrease of 47 per cent compared to the 2,089 sales during the same month last year and down 39 per cent compared to June. “Last year, we experienced the busiest July in our history and this year it was the quietest in a decade,” says FVREB President, Deanna Horn. “Although the real estate market typically slows in the summer months, we didn’t anticipate ... Fraser Valley Real Estate Board More...
	July 5 2010 Fraser Valley Real Estate Market Picks Up in June Real Estate Market Report from the Fraser Valley Real Estate Board Sales processed on the Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) increased by 23 per cent in one month going from 1,477 sales in May to 1,815 in June. June’s numbers represent an 8 per cent decrease compared to the 1,982 sales during the same month last year. Deanna Horn, president of the Board, says, “Historically, it’s not unusual for June sales to outperform May in the Fraser Valley. This has happened in nine of the last twenty years. ... Fraser Valley Real Estate Board More...
	June 2 2010 Fraser Valley Buyers Enjoy Abundant Selection Real Estate Market Report from the Fraser Valley Real Estate Board Property buyers continued to see an increase in selection while sellers faced more competition as listings grew and sales decreased on Fraser Valley’s Multiple Listing Service® (MLS®) in May. The Fraser Valley Real Estate Board posted 1,477 sales in May, a decrease of 2 per cent compared to the 1,501 sales processed on the MLS® during May 2009. At the same time, the Board received 3,457 new listings, taking the number of active listings to 11,411, an increase of 14 per cent ... Fraser Valley Real Estate Board More...
	May 4 2010 Busy Housing Market Means More Choice for Fraser Valley Buyers Fraser Valley Real Estate Board Market Report The Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) saw close to record levels of listings in April, in addition to strong sales and prices. Deanna Horn, president of the Board, says, “This is a typical, healthy spring market for the Fraser Valley. We received an abundance of new listings in all price categories giving buyers tremendous opportunity, while sellers saw a typical detached home sell in an average of 40 days for 13 per cent more than in April of ... Fraser Valley Real Estate Board More...
	April 6 2010 Buyer's Market Continues in Fraser Valley Fraser Valley Real Estate Board Market Report With plenty of selection and relatively modest price increases, buyers are enjoying a healthy spring market in the Fraser Valley. The Board’s Multiple Listing Service® (MLS®) recorded 1,565 sales in March, an increase of 30 per cent over February’s sales and an increase of 56 per cent over the 1,006 sales processed March of last year.Deanna Horn, president of the Board says, “March sales volumes can fluctuate as much as the weather, and this year’s reached the ... Fraser Valley Real Estate Board More...
	March 8 2010 Stronger than Expected Fraser Valley Home Sales During Olympics Fraser Valley Real Estate Board Market Report Not even the most engaging Olympics in Canadian history could completely slow the appetite for house hunting, according to the most recent statistics from the Fraser Valley Real Estate Board. The Board’s Multiple Listing Service® (MLS®) recorded 1,204 sales in February, an increase of 23 per cent over January’s sales and an increase of 77 per cent over the 682 sales during February of last year. Deanna Horn, president of the Board explains, “Although the phones were ... Fraser Valley Real Estate Board More...
	February 2 2010 Active Pre-Olympic Housing Market in the Fraser Valley Fraser Valley Real Estate Board Market Report The Fraser Valley experienced a return to typical home sale levels plus an early surge in new listings in January, according to the latest figures from the Fraser Valley Real Estate Board. Paul Penner, President of the Board said, “Compared to last January, the market has returned to balance. Consumers continue to take advantage of the affordability created by lower interest rates.” There were 981 sales processed on FVREB’s Multiple Listing Service® (MLS®) in January, ... Fraser Valley Real Estate Board More...
	January 8 2010 Year of the Real Estate Rebound for Fraser Valley Fraser Valley Real Estate Board Market Report Results from Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) in December reflect the real estate story of 2009: recovery. “In 12 months, we went from the worst January in 20 years to the third best December,” said Paul Penner, President of the Board. “Home buyers took Boxing Day shopping to new levels with some Fraser Valley REALTORS® showing multiple homes per day between Christmas and New Years.” According to Penner, a significant portion ... Fraser Valley Real Estate Board More...
	December 2 2009 Busier than Normal November for Fraser Valley Real Estate Market Fraser Valley Real Estate Board Market Report The Fraser Valley Real Estate Board (FVREB) processed 1,522 sales on its Multiple Listing Service (MLS®) in November, an increase of 200 per cent compared to the 507 sales during the same month last year and only 10.7 per cent less than in October. “Interest rates continue to be a strong motivator resulting in unseasonably high real estate sales for this time of year,” said Paul Penner, President of the Board. “We typically see both sales and listing activity slow in ... Fraser Valley Real Estate Board More...
	November 3 2009 October Home Sales Brisk in the Fraser Valley Fraser Valley Real Estate Board Market Report (Surrey, BC) - The Fraser Valley Real Estate Board (FVREB) processed 1,704 sales on its Multiple Listing Service (MLS®) in October, an increase of 122 per cent compared to the 768 sales during the same month last year. “We’ve had a reversal. Last October was unseasonably slow and now this past month was one of the strongest real estate markets we’ve had in the Fraser Valley in the last decade,” said FVREB President, Paul Penner. “We continued to see resale ... Fraser Valley Real Estate Board More...
	October 2 2009 Demand for Housing Remains Steady in the Fraser Valley Fraser Valley Real Estate Board Market Report Low interest rates continue to fuel a strong housing market in the Fraser Valley according to Paul Penner, President of the Fraser Valley Real Estate Board. The Board processed 1,590 sales on its Multiple Listing Service (MLS®) in September, an increase of 62 per cent compared to the 980 sales during the same month last year, however, 11 per cent fewer sales compared to August’s 1,786 sales. “Summer months are historically stronger for home sales in the Valley compared to the ... Fraser Valley Real Estate Board More...
	September 2 2009 ‘Move-Up’ Buyers Return to Fraser Valley Real Estate in August Fraser Valley Real Estate Board Market Report (Surrey, BC) - The Fraser Valley Real Estate Board credits ‘move-up’ buyers and greater affordability for the second best August in its real estate sales history, bolstered by a summer of historically low interest rates.There were 1,786 sales processed in August, an increase of 96 per cent compared to the 910 sales during the same month last year. Add in sales from June and July generated by many first-time buyers and the result is 5,857 sales – outperforming the summer of ... Fraser Valley Real Estate Board More...
	August 5 2009 July Real Estate Sales Reach Record Sales in Fraser Valley Fraser Valley Real Estate Board Market Report Fraser Valley saw the highest number of real estate transactions ever recorded for the month of July. There were 2,089 sales processed on the Fraser Valley Real Estate Board's Multiple Listings Service® (MLS®), an increase of 62.3 per cent compared to 1,284 sales in July of last year. The previous highest July was in 2005, with 2,051 sales "The factors contributing to last month's sales are completely different than they were in 2005," explained Board President Paul Penner. ... Fraser Valley Real Estate Board More...
	July 3 2009 Fraser Valley Home Buyers Take Advantage of Greater Affordability Fraser Valley Real Estate Board Market Report Crediting low interest rates and reductions in house prices, Fraser Valley REALTORS® had their fourth busiest June on record. The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) processed 1,982 sales in June, an increase of 40 per cent compared to the 1,418 sales in June 2008 and 32 per cent higher than sales in May 2009. June’s numbers were comparable to sales achieved during the same month in 2006 and 2007 during the strongest real estate cycle in ... Fraser Valley Real Estate Board More...
	June 2 2009 Housing Sales and Prices Stabilizing in Fraser Valley Fraser Valley Real Estate Board Market Report The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) posted its highest sales volume in a year in May, processing 1,501 sales, the fourth consecutive monthly increase this year. Although that number is still six per cent less compared to the 1,599 sales processed in May of 2008, Board President Paul Penner says it’s a significant improvement compared to where the market was a few months ago. “We’re the closest we’ve been to a balanced ... Fraser Valley Real Estate Board More...
	May 4 2009 More Signs of a Real Estate Rebound in the Fraser Valley Fraser Valley Real Estate Board Market Report The Fraser Valley real estate market continued to show signs of rebalancing in April with the number of sales increasing for the third month in a row while the volume of available properties stayed constant. Benchmark prices for detached homes and condominiums also showed increases over the last three months. There were 1,293 sales processed on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) in April, reflecting a 28 per cent decrease compared to the 1,787 ... Fraser Valley Real Estate Board More...
	April 2 2009 Signs of Optimism in Fraser Valley Real Estate Market Fraser Valley Real Estate Board Market Report Surrey, BC - Fraser Valley REALTORS® credit first-time homebuyers, low interest rates and greater overall confidence in the housing market for an increase in sales on the Multiple Listing Service® (MLS®) in March. The Fraser Valley Real Estate Board reports 1,006 sales were processed in March, reflecting a 24 per cent decrease compared to the 1,315 sales in March of last year, however, a 48 per cent jump from February’s 682 sales. March is the first month to surpass one ... Fraser Valley Real Estate Board More...
	March 3 2009 Realtors® see signs of Spring in Fraser Valley Housing Market Fraser Valley Real Estate Board Market Report (Surrey, BC) - February sales on Fraser Valley’s Multiple Listing Service® (MLS®) experienced a typical ‘early spring’ surge, increasing by 75 per cent in one month from 389 sales in January to 682 last month. However, by historical standards, they continued to reflect sales levels last seen in the mid-1980s, according to the Fraser Valley Real Estate Board. Sales showed a 48 per cent decrease compared to the 1,308 sales processed in February 2008. The Board also ... Fraser Valley Real Estate Board More...
	February 3 2009 January Housing Sales Volume Slows to Historic Levels in Fraser Valley Fraser Valley Real Estate Board Report (Surrey, BC) - A total of 389 sales were processed through Fraser Valley’s MLS® in January, a decrease of 59 per cent compared to 956 sales in January 2008 and comparable to January sales figures last seen in the early 1980s, according to statistics from Fraser Valley Real Estate Board’s Multiple Listing Service®. However, for the fourth month in a row, the Board received fewer new listings. REALTORS® added 2,003 new listings in January 2009, 30 per cent less compared to ... Fraser Valley Real Estate Board More...
	January 5 2009 2008 Year of Change and Opportunity for Fraser Valley Real Estate Market Fraser Valley Real Estate Board Report (Surrey, BC) - December’s sales statistics from the Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) reflect the real estate story of 2008: change. Sales of all property types for the year declined 30 per cent in the Fraser Valley; however, sales for the month were down almost 50 per cent compared to December 2007 – punctuating how the move to a buyers’ real estate market, similar to changes overall in the economy, took place in the second half of ... Fraser Valley Real Estate Board More...
	December 2 2008 Affordability and Opportunity Increase in Fraser Valley Real Estate Fraser Valley Real Estate Board Report (Surrey, BC) - Property sales in the Fraser Valley decreased by 62 per cent in November compared to the same month last year, moving from 1,327 sales on the Multiple Listing Service® (MLS®) in November 2007 to 507 sales for the same period in 2008. “We’re seeing the combined effects of a lack of consumer confidence with the overall global economy added to a typical, seasonal slowdown in real estate,” says Kelvin Neufeld, President of the Fraser Valley Real Estate ... Fraser Valley Real Estate Board More...
	November 3 2008 Fraser Valley Real Estate Picture: Sales, Inventory & Prices Decrease Fraser Valley Real Estate Board Report Sales in the Fraser Valley decreased by 48 per cent in October compared to the same month last year, moving from 1,464 sales on the Multiple Listing Service® (MLS®) in October 2007 to 768 sales for the same period in 2008. Although REALTORS® have seen month-to-month price fluctuations in a number of Fraser Valley communities the overall change in home prices over the past six months is downward, with average prices of detached homes showing a decrease of 6.5 per cent, average prices ... Fraser Valley Real Estate Board More...
	October 2 2008 Homes Become More Affordable in the Fraser Valley Fraser Valley Real Estate Board MLS Report In September, a record level of inventory combined with a ‘wait and see’ approach from prospective buyers has improved the affordability of single detached homes across Fraser Valley communities.Kelvin Neufeld, President of the Fraser Valley Real Estate Board, says, “Although our economic fundamentals remain solid, it’s fair to conclude that the U.S. financial situation is affecting consumer confidence here.“People are closely following what’s happening south ... Fraser Valley Real Estate Board More...
	September 3 2008 Fraser Valley Real Estate Market Offers Buying Opportunities Fraser Valley Real Estate Board MLS Report (Surrey, BC) – Even with a slight decline in inventory in August, real estate market conditions in the Fraser Valley remained solidly in favour of buyers.The Fraser Valley Real Estate Board reported 910 sales on the Multiple Listing Service® (MLS®) in August, refl ecting a decrease of 48 per cent compared to the 1,763 sales processed during the same month last year.The Board received 2,517 new listings in August, taking the number of active listings to 11,770, a 51 per cent ... Fraser Valley Real Estate Board More...
	August 5 2008 Fraser Valley Listings Reach Record Levels Fraser Valley Real Estate Board MLS Report In July, Fraser Valley buyers had the greatest selection ever of properties to choose from with a record 12,299 active listings for all property types available on the Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®), an increase of 56 per cent compared to the number of properties available the same month last year. A total of 1,284 sales were processed through Fraser Valley’s MLS® in July, a decrease of 35 per cent compared to 1,984 sales in July 2007. The ... Fraser Valley Real Estate Board More...
	July 3 2008 Market Shifts to Favour Fraser Valley Buyers Fraser Valley Real Estate Board MLS Report (Surrey, BC) –Recent sales data from the Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) indicates that Fraser Valley’s real estate market is changing to favour the buyer. Sales continue to decrease and benchmark prices for residential homes in most Fraser Valley communities are moderating, in some areas trending down slightly since March. The Board posted 1,418 sales in June reflecting a decrease of 31 per cent compared to the 2.053 sales processed on ... Fraser Valley Real Estate Board More...
	June 3 2008 Balancing Market Means More Choice For Fraser Valley Buyers Fraser Valley Real Estate Board MLS Report (Surrey, BC) – Property buyers continued to see an increase in selection while sellers faced more competition as listings grew and sales decreased on Fraser Valley’s Multiple Listing Service® (MLS®) in May.The Fraser Valley Real Estate Board posted 1,599 sales in May, a decrease of 26 per cent compared to the 2,152 sales processed on the MLS® during May 2007. At the same time, the Board received 3,941 new listings, taking the number of active listings to 11,133, an ... Fraser Valley Real Estate Board More...
	May 2 2008 Opportunity Knocks for Fraser Valley Property Hunters Fraser Valley Real Estate Board MLS Report (Surrey, BC) – An increase in choice continues to be the real estate story in the Fraser Valley, with the Fraser Valley Real Estate Board receiving a record number of new listings on the Multiple Listing Service (MLS®) in April. The Fraser Valley Real Estate Board received 4,458 new listings last month compared to 2,922 new listings received during April of last year, an increase of 53 per cent. That swell of new inventory took the number of active listings to almost-record highs, ... Fraser Valley Real Estate Board More...
	April 2 2008 Spring Bodes Well for Fraser Valley Buyers Fraser Valley Real Estate Board MLS Report (Surrey, BC) – In March, selection reached a 10-year high on the Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®), with the number of active listings reaching 9,361, an increase of 27 per cent compared to the 7,351 listings available during the same month last year. The previous March that offered as much or greater inventory was in 1998, when Fraser Valley had 10,148 active listings. The total number of sales processed through Fraser Valley’s MLS® in ... Fraser Valley Real Estate Board More...
	March 4 2008 Fraser Valley Home Prices Remain Strong in February Fraser Valley Real Estate Board MLS Report (Surrey, BC) – With greater choice available, Fraser Valley home buyers continued to snap up properties in February, paying on average seven per cent more for a single family home compared to the same month last year. The Fraser Valley Real Estate Board recorded 1,308 sales on the Multiple Listing Service® (MLS®) in February, compared with 1,413 during February of last year, a decrease of seven per cent. The MLS® received 2,808 new listings in February, which added up to 8,185 ... Fraser Valley Real Estate Board More...
	February 4 2008 New Year Brings Increase in New and Active Listings for the Fraser Valley Fraser Valley Real Estate Board MLS Report (Surrey, BC) – The Fraser Valley Multiple Listing Service® (MLS®) January 2008 statistics reveal an increase in selection for buyers and continued price increases for sellers in the Fraser Valley. There were 956 MLS® sales processed in January, a decrease of 4 per cent compared to the 1,001 sales processed the same month in 2007. However, there was an 18 per cent increase in new listings in January 2008 compared to the number received in January last year – 2,850 news ... Fraser Valley Real Estate Board More...
	January 3 2008 Fraser Valley Popular Destination for Homebuyers in 2007 Fraser Valley Real Estate Board MLS Report January 3, 2008 (Surrey, BC) – The 2007 Fraser Valley real estate market finished with residential sales on the Multiple Listing Service® (MLS®) surpassing 2006’s volume, average home prices showing double-digit increases and townhomes and condominiums proving more popular. The Fraser Valley Real Estate Board’s MLS® processed 16,547 sales of single family detached homes, townhomes and apartments, a one per cent increase over last year’s 16,435 sales. ... Fraser Valley Real Estate Board More...
	December 4 2007 Sales and Listing Up in the Fraser Valley Fraser Valley Real Estate Board MLS Report (Surrey, BC) – The Fraser Valley Real Estate Board reports more activity on the Multiple Listing Service® (MLS®) in November compared to 2006. The total number of sales processed through the MLS® in November was 1,327, an increase of 11 per cent compared to the same month last year when 1,194 sales were processed. “The market typically slows a little at this time of year, which is evident in the decrease in November’s sales and new listings compared to October of ... Fraser Valley Real Estate Board More...
	November 5 2007 Increase in Supply Matched by Demand for Homes in the Fraser Valley Fraser Valley Real Estate Board MLS Report (Surrey, BC) – Fraser Valley’s real estate market remained balanced in October, showing increases on the Multiple Listing Service® (MLS®) in listings, sales and average home prices. The total number of sales processed through the MLS® in October was 1,464, an increase of 14 per cent compared to the same month last year when 1,287 sales were processed. New listings increased by 12 per cent compared to the same month last year with 3,124 new listings in October taking the ... Fraser Valley Real Estate Board More...
	October 2 2007 Home Values in the Fraser Valley Maintain Steady Growth Fraser Valley Real Estate Board MLS Report (Surrey, BC) – The average price of a single family home in the Fraser Valley reached $535,572 in September, the highest average price ever, according to statistics from Fraser Valley Real Estate Board’s Multiple Listing Service®. September’s MLS® numbers also revealed steady sales for sellers and increased inventory for Fraser Valley buyers. “September numbers show that Fraser Valley buyers and sellers took a bit of a breather after an unusually busy summer ... Fraser Valley Real Estate Board More...
	September 5 2007 August Sales Cap Strong Summer in the Fraser Valley Fraser Valley Real Estate Board MLS Report (Surrey, BC) - Sales processed on the Multiple Listing Service® (MLS®) in August were the second highest on record for that month, rounding out the summer market of 2007 as second only to 2005 in the Fraser Valley. Combined sales for June, July and August 2007 reached 5,800 compared to 6,866 sales for the same months in 2005, yet higher than the previous second-ranked summer of 2003 that reached 5,535 sales. "The Canadian Real Estate Association revised its annual forecast for 2007 ... Fraser Valley Real Estate Board More...
	August 2 2007 July Sales Climb in the Fraser Valley Fraser Valley Real Estate Board MLS Report (Surrey, BC) – Sales on the Fraser Valley Real Estate Board's Multiple Listing Service® (MLS®) in July were the second highest on record for that month. A total of 1,984 sales were processed through the MLS® in July, an increase of 21 per cent compared to 1,635 sales the same month last year, and only a three per cent decrease compared to the strongest July on record, 2,051 sales in 2005. Jim McCaughan, President of the Fraser Valley Real Estate Board, attributes July's ... Fraser Valley Real Estate Board More...
	July 4 2007 Strong Fraser Valley Sales Continue Into Summer Months Fraser Valley Real Estate Board MLS Report Surrey, BC – Halfway through 2007, the Fraser Valley housing market remains strong with 2,053 sales processed on the Multiple Listing Service® (MLS®) in June, a decrease of only three per cent compared to last year’s 2,126 sales, the second highest June on record. “Summer is traditionally a slower time for real estate sales, but what REALTORS® are seeing currently is on par with some of the strongest real estate cycles in Fraser Valley’s history,” says ... Fraser Valley Real Estate Board More...
	June 4 2007 Increase in Selection Well Received by Fraser Valley Homebuyers Fraser Valley Real Estate Board MLS Report Surrey, BC - Sales and prices remained strong, while new listings climbed during the month of May, according to statistics from the Fraser Valley Real Estate Board's Multiple Listing Service® (MLS®). The total number of sales processed through the MLS® in May was 2,152, a decrease of 4 per cent compared to the same month last year - the highest May on record - when 2,245 sales were processed. This is an increase of 21 per cent compared to last month when 1,781 properties sold in ... Fraser Valley Real Estate Board More...
	May 2 2007 Surge in Listings, Strong Demand, Rising Prices Fraser Valley Real Estate Board MLS Report (Surrey, BC) – The Fraser Valley real estate market saw strong demand for real estate in April, rising housing prices, and an increase in property listings on the Multiple Listing Service® (MLS®). The total number of sales processed through the MLS® in April was 1,781, a decrease of 5 per cent compared to the same month last year when 1,875 sales were processed. New listings increased by 20 per cent compared to the same month last year with 2,922 new listings in April taking ... Fraser Valley Real Estate Board More...
	April 3 2007 Selection Improves for Spring Buyers in Fraser Valley Fraser Valley Real Estate Board MLS Report (Surrey, BC) – March sales figures from the Fraser Valley Real Estate Board’s Multiple Listing Service® show a swell of new listings balanced by strong average prices and demand. The total number of sales processed through the MLS® in March was 1,743, a decrease of 16 per cent compared to the same month last year when 2,072 sales were processed. New listings increased by 33 per cent compared to the same month last year with 3,369 new listings in March taking the number of ... Fraser Valley Real Estate Board More...
	March 2 2007 Solid February for Fraser Valley Real Estate Market Fraser Valley Real Estate Board MLS Report (Surrey, BC) – The Fraser Valley real estate market experienced a typical February surge, with a 41 per cent increase in sales compared to January. Inventory continued to grow compared to the previous month and year and annual percentage increases on average home prices remained in the double-digits. The total number of sales processed through the Multiple Listing Service® in February was 1,413, a decrease of 15 per cent compared to the same month last year when 1,672 sales were ... Fraser Valley Real Estate Board More...
	February 2 2007 Strong Housing Market and Increased Listings in Fraser Valley Fraser Valley Real Estate Board MLS Report (Surrey, BC) – The Fraser Valley Real Estate Board reports a strong start to its 2007 Multiple Listing Service® sales and listings selection.The total number of sales processed in January was 1,001, a decrease of 14 per cent compared to the same month last year when 1,165 sales were processed, however an 18.8 per cent increase compared to the 842 sales processed in January 2005.New listings in January increased by 14 per cent compared to 2006. As well, the Fraser Valley Multiple ... Fraser Valley Real Estate Board More...
	January 3 2007 Increased Selection Wraps Up Strong Year for Fraser Valley Real Estate Fraser Valley Real Estate Board MLS Report (Surrey, BC) – Fraser Valley’s 2006 real estate market will be remembered as one of the most active with annual sales of 19,000 processed through the Multiple Listing Service® (MLS®) and a record-setting annual sales dollar volume of over $7.3 billion.Sales decreased last year by 10.7 percent compared to 2005’s 21,282 sales, which was the busiest year in Fraser Valley’s real estate history. However, sales increased by 4.6 per cent compared to 2004, were 3.5 per ... Fraser Valley Real Estate Board More...
	December 4 2006 Six Months of Increasing Inventory in the Fraser Valley Fraser Valley Real Estate Board MLS Report (Surrey, BC) – Fraser Valley buyers continued to have more selection, as the number of active listings increased by 37 per cent in November compared to the same month last year, according to figures released by the Fraser Valley Real Estate Board.The total number of sales processed through the Multiple Listing Service® in November was 1,194, a decrease of 26 per cent compared to the same month last year when 1,620 sales were processed and on par with 1,211 sales processed in November ... Fraser Valley Real Estate Board More...
	November 2 2006 Movement Towards Balance Continues in the Fraser Valley Fraser Valley Real Estate Board MLS Report (Surrey, BC) – The Fraser Valley real estate market continued to experience a moderation in sales in October, as well as an increase in number of active listings and an increase in prices. The total number of sales processed through the MLS® in October was 1,287, a decrease of 28 per cent compared to the same month last year when 1,778 sales were processed, yet seven per cent higher than the 1,202 sales processed in October 2004.“As consumers see a healthy return to balance in ... Fraser Valley Real Estate Board More...
	October 3 2006 Listing Choices Increase, Prices Remain Strong in the Fraser Valley Fraser Valley Real Estate Board MLS Report (Surrey, BC) – Buyers in the Fraser Valley are seeing an increase in home selection and sellers continue to see strong return on their investment as Fraser Valley housing statistics show a return to a balanced market. There were 1,323 sales processed through the Multiple Listing Service® (MLS®) in September, a decrease of 23 per cent compared to the same month last year when 1,726 sales were processed, yet comparable to the 1,346 sales processed in September 2004.By contrast, the ... Fraser Valley Real Estate Board More...
	July 5 2006 More Opportunity for Fraser Valley Buyers Freaser Valley Real Estate Board MLS Report (Surrey, BC) – June MLS® statistics for the Fraser Valley reveal that selection improved slightly for buyers and prices remained strong for sellers, as sales declined compared to the same month last year.The Fraser Valley Real Estate Board reports there were 2,126 sales processed on the MLS® in June, compared to 2,517 sales in June 2005, which was the best June and second best performing month on record.“While residential real estate sales are lower than last year, you have ... Fraser Valley Real Estate Board More...
	June 2 2006 FRASER VALLEY MLS® SALES HIT RECORD HIGH IN MAY Fraser Valley Real Estate Board MLS Report (Surrey, BC) – More properties were sold on the Multiple Listing Service® last month in the Fraser Valley than any May on record. The Fraser Valley Real Estate Board reports there were 2,245 sales processed on the MLS® in May, compared to 2,067 sales in May 2005, an increase of 9 per cent. “We knew it was going to be a strong month but we couldn’t have predicted that strong,” says Board President David Rishel. “That is a significant increase over the same ... Fraser Valley Real Estate Board More...
	May 2 2006 STEADY SALES, SHORT ON INVENTORY IN THE FRASER VALLEY Fraser Valley Real Estate Board MLS Report (Surrey, BC) – The demand for homes in the Fraser Valley remained strong in April with sales on the Multiple Listing Service® (MLS®) dipping only slightly compared to last year which posted the highest sales on record.The Fraser Valley Real Estate Board reports 1,875 sales in April, a decrease of 3 per cent compared to 1,937 sales in April 2005.The number of new listings posted on the MLS® in April decreased by 8 per cent compared to last year and the overall number of active ... Fraser Valley Real Estate Board More...
	April 4 2006 DEMAND REMAINS STRONG FOR FRASER VALLEY HOMES Fraser Valley Real Estate Board MLS Report (Surrey, BC) – For the tenth month in a row, real estate sales increased in the Fraser Valley, with March showing 2,072 properties sold on the Multiple Listing Service® (MLS®), compared to 1,922 in 2005.That 8 per cent increase in sales contrasts with a decrease in the number of listings received and a decrease in the overall number of active listings. Active listings closed at 5,037, which is 20 per cent fewer than one year ago. The number of new listings received in March was ... Fraser Valley Real Estate Board More...
	March 2 2006 FRASER VALLEY HOME SALES REMAIN STRONG IN FEBRUARY Fraser Valley Real Estate Board MLS Report (Surrey, BC) – Fraser Valley’s robust real estate market showed no signs of abatement in February with sales rising 14 per cent and listings rising 15 per cent in one year. The Fraser Valley Real Estate Board recorded 1,672 sales on the Multiple Listing Service® in February, compared with 1,464 sales in the same month last year. “Last month’s figures are yet another example of a consistently strong real estate market in the Fraser Valley,” says newly elected ... Fraser Valley Real Estate Board More...
	January 4 2006 2005 RECORD YEAR FOR FRASER VALLEY REAL ESTATE Fraser Valley Real Estate Board MLS Report (Surrey, BC) – Fraser Valley’s real estate market experienced its busiest year ever in 2005. With 21,282 sales processed through the Multiple Listing Service® (MLS®), 2005 trounced the previous sales record of 20,600 sales set in 1992. Sales increased by 17 per cent compared to 2004, and a staggering 110 per cent compared to sales five years ago in 2000. Total dollar volume of sales was $6.9 billion, an increase of 30 per cent from 2004. “The biggest increase was in ... Fraser Valley Real Estate Board More...
	December 2 2005 STRONG DEMAND FOR HOMES CONTINUES IN THE FRASER VALLEY Fraser Valley Real Estate Board MLS Report (Surrey, BC) – Home sales in the Fraser Valley reached 1,620 last month, the second highest number of sales in 16 years. The only November higher was in 1989 with 2,154 sales processed on the Multiple Listing Service® (MLS®). November sales increased by 34 per cent compared to the same month in 2004 and decreased by 9 per cent compared to previous months sales of 1,778 in October. Jake Siemens, president of the Fraser Valley Real Estate Board, says November 2005 deserves to go ... Fraser Valley Real Estate Board More...
	November 2 2005 BOISTEROUS MARKET CONTINUES IN THE FRASER VALLEY Fraser Valley Real Estate Board MLS Report (Surrey, BC) – For the seventh consecutive month, real estate sales across the Fraser Valley exceeded last year’s sales and broke records last set 13 years ago. There were 1,778 sales processed on the Multiple Listing Service® (MLS®) in October compared with 1,202 in 2004, an increase of 48 per cent. Last month’s sales are 3 per cent higher than September’s 1,726 sales. The only two comparable Octobers in Fraser Valley’s history of recording statistics are ... Fraser Valley Real Estate Board More...
	September 1 2005 AUGUST CAPS SUMMER SALES RECORD IN FRASER VALLEY Fraser Valley Real Estate Board MLS Report (Surrey, BC) – The summer of 2005 will go down in the history books for Fraser Valley as one of the most dynamic markets on record. August home sales processed on the Multiple Listing Service ® (MLS ®) set an all-time high for that month, similar to both June and July, making the summer of 2005 the most successful on record with 6,866 sales. The previous best summer was in 2003 with 5,535 sales and then prior to that, 4,900 in June, July and August of 1992. “Clearly we ... Fraser Valley Real Estate Board More...
	August 4 2005 SUMMER SALES SOARING IN THE FRASER VALLEY Fraser Valley Real Estate Board MLS Report (Surrey, BC) - The Fraser Valley housing market is seeing no sign of a traditional summer slowdown with both sales and new listings of residential homes soaring in July. There were a total of 2,051 sales of homes and other properties through the Fraser Valley Real Estate Board's Multiple Listing Service (MLS®) last month, a decrease from the 2,517 sales in June but up over 32 per cent from the 1,553 sales in July of last year. Last month ranks as the highest sales recorded for July, compared ... Fraser Valley Real Estate Board More...

Bryan Morphy

Email: bryan@bmorphy.com

RE/MAX Colonial Pacific

Phone: 604-541-4888