There are more homes for sale now in the Fraser Valley than at any time in recent history, with at least 12,299 listings posted with the Fraser Valley Real Estate Board, an increase of 56 percent from July 2007.
"Buyers are now in the drivers seat and we're starting to see that reflected in home prices" said Kelvin Neufeld, Board president. Sales in July reached 1,284 properties, down 35 percent from the same month last year. The sales level is now at a more normal level, the type seen before...
February is one of the best times of the year to list your home.
We’re right ahead of one of the busiest seasons of real estate
(Spring). By listing your home right before the market gets
cluttered with the “spring rush of listings” you will capture attention
from more buyers as there is less to choose from on the market.
Well priced, clean homes are literally selling overnight even
in the midst of the unusual amount of bad weather we’ve been
getting this year.
Another important factor to consider is how...
VANCOUVER, January 24, 2008
Retaining its title as the least affordable province in Canada in
which to purchase a home, British Columbia’s housing affordability
is expected to improve modestly in 2008, according to a new
housing report issued today by RBC Economics.
"B.C.’s housing market moved into uncharted territory last year
as affordability deteriorated to its worst levels since we started
tracking conditions back in 1985," said Derek Holt, assistant
chief economist, RBC. "We expect affordability rates...
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.