Trevor Miller

A slowing of sales combined with an increase in active listings is helping to restore a semblance of balance to the market, which is encouraging for homebuyers, says the Fraser Valley Real Estate Board.

Click HERE for the full story.

FVREB April News Release

MLS® HPI Benchmark Price Activity

Single Family Detached:

At $1,670,800, the Benchmark price for an FVREB single-family detached home increased 6.5 per cent compared to last month and increased 43.6 per cent compared to February 2021.

Townhomes:

At $840,900, the Benchmark price for an FVREB townhome increased 5.6 per cent compared to last month and increased 40.1 per cent compared to February 2021.

Apartments:

At $614,800 the Benchmark price for an FVREB apartment/condo increased 7.1 per cent compared to last month and increased 36.3 per cent compared to February 2021.

According to the Fraser Valley Real Estate Board, it continues to be a seller’s market as demand continues to outpace supply in the region.

Read the latest stats HERE.

New FVREB stats show White Rock/South Surrey benchmark prices have increased (again) in all three categories:

• Detached Homes: up 1.3% from prior month and 22.7% from 2020
• Townhomes: up 2.3% from prior month and 24.6% from 2020
• Condos: up 0.5% from prior month and 18.6% from 2020

Low inventory of homes available for sale means it’s still a “seller’s market”!

Contact me for a free “no strings” home evaluation.

Click HERE for the full story from the Fraser Valley Real Estate Board.

The Fraser Valley Real Estate Board (FVREB) says near record-breaking new listings have not been enough to match insatiable buyer demand.

Read the full story and get the latest statistics by clicking the link below…

http://www.fvreb.bc.ca/statistics/near-record-breaking-new-listings-in-the-fraser-valley-not-enough-to-match-insatiable-buyer-demand/

I agree that with more homes now on the market we’re seeing fewer multiple offers, fewer subject-free offers, and anything over-priced is starting to sit longer.

Full details HERE

Congrats to my clients Rod & Cindy on the quick sale of their townhouse. 15 showings in 2 days, multiple offers, $50,000 over asking!

Thinking about selling? Get me working for you!

Fraser Valley real estate hit two historical highs in March, setting records for both sales and new listings processed in one month since the Fraser Valley Real Estate Board’s (FVREB) inception in 1921. (Source: FVREB)

Full details HERE

From CTV News:

Red-hot real estate market sees Langley, B.C., home sell for half-million over asking

Click HERE for story

Another month, another record for property sales in the Fraser Valley