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Fraser Valley housing market continues to cool amid slower sales, softer prices

SURREY, BC – Overall sales in the Fraser Valley fell for the third straight month as prices for all property types continued to soften, bringing greater balance to the region’s real estate market. In June, the Board processed 1,281 sales on its Multiple Listing Service® (MLS®), a decrease of 5.8 ...

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Home prices soften as Fraser Valley housing market cools amid lower sales and higher inventory

SURREY, BC – As property sales continue to fall in the Fraser Valley and active listings continue to grow, the region is edging towards more balanced levels not seen since the pre-pandemic period. Sales of all property types in May were 1,360, down 16.9 per cent from April’s 1,637; and ...

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Fraser Valley sales dip below 10-year average for first time in nearly two years

SURREY, BC – Property sales in the Fraser Valley decreased by over 35 per cent in April 2022 compared to the previous month, and while the figure is still the sixth-highest April on record for the past ten years, it marks the first time monthly sales have fallen below the ...

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Should You Worry about Competing Listings?

Imagine you’ve been waiting for the right moment to sell your home and you’re finally ready to pull the trigger and list it. But, just as you’re about to put up the sign, you notice that a few other FOR SALE signs have unexpectedly popped up in the neighbourhood. Oh ...

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Continued growth in new listings a hopeful sign for home buyers in the Fraser Valley

SURREY, BC – For the third consecutive month, new listings in the Fraser Valley continued to climb in March giving buyers more to choose from, helping to increase overall active inventory to levels not seen since last July. Property sales remain robust, as Benchmark prices, the price of a ‘typical’ ...

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FVREB posts record volume of new listings in February

SURREY, BC – Buyers of Fraser Valley real estate had significantly more inventory to choose from last month due to a record-breaking volume of new listings received for the month of February. The Fraser Valley Real Estate Board (FVREB) received 3,742 new listings in February, an increase of 75.3 per ...

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Glimmer of hope for Fraser Valley home buyers as new listings surge in January

SURREY, BC – On the heels of the busiest year in history for Fraser Valley real estate, January activity saw the beginnings of a market rebalancing. Overall property sales — still the third highest ever for January — cooled compared to December while the volume of new listings improved significantly. ...

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Fraser Valley real estate market sees busiest year in 100-year history

SURREY, BC – Fueled by the consumer response to the COVID‐19 pandemic along with historically low interest rates, total property sales in the Fraser Valley in 2021 shattered the previous annual record last set in 2016. The FVREB processed 27,692 sales its Multiple Listing Service® (MLS®) in 2021, an increase ...

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4 Reasons Why Buyers Get Turned Off by an Otherwise Ideal Property

When prospective buyers view your property, you hope they will think it’s the perfect fit for them. It might well be. However, there are things that can get in the way of a buyer recognizing that perfect fit and making an offer. Take a look at these common reasons why ...

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Banding Together as Community is what gets us through times of trouble

At Sutton Group West Coast Realty, we feel privileged to be able to support such an incredible organization. In the last three weeks, thousands of our neighbours in Abbotsford and across BC faced the loss of their homes, livelihoods and sense of security. It’s a sobering reminder that any of ...

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