News

Fraser Valley real estate market full steam ahead in January; another record-setter for property sales

Posted on Feb 02, 2021

Langley is at the center of the frying pan in this hot Fraser Valley real estate market. If you are planning to make a move this spring or summer let's talk asap, the spring market has sprung very early this year.

For those of you that enjoy chewing on stats please see a skinny version of the monthly update from the Fraser Valley Real Estate board b...

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2020 in review – a market like no other

Posted on Jan 25, 2021

From a drizzle to a torrential downpour in six months – Fraser Valley’s market in 2020 did exactly what no one expected. Least of all REALTORS®.

Home sales started to rebound from the lockdown in the summer and culminated in the strongest December in the history of the Board.

Here’s Board President, Chris Shields, with a market recap for last month a...

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Why did our market take off during a global pandemic?

Posted on Jan 22, 2021

We were fortunate to get exclusive, in-depth market intelligence – specific to our Fraser Valley region – from BCREA’s Brendon Ogmundson.

He details: What happened in Fraser Valley’s market last year, and answers the million-dollar question, can it sustain in 2021?

This is part one of two with the second installment coming in next week’s NewsReal. Fi...

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Record-shattering December caps unexpected year in Fraser Valley real estate

Posted on Jan 22, 2021

SURREY, BC – In a year when the real estate market was at a standstill for months due to COVID-19, total annual sales in the Fraser Valley still finished 12.4 per cent above the 10-year average due to unrelenting, pent-up consumer demand during the second half of 2020.In December, the Board’s Multiple Listing Service® (MLS®) processed a staggering...

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