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The Fraser Valley Real Estate Board is an association of more than 2,800 real estate professionals who live and work in the communities of North Delta, Surrey, White Rock, Langley, Abbotsford, and Mission.

FVREB NEWS

March sees highest monthly sales on record for Fraser Valley

SURREY, BC Fraser Valley real estate hit a historical high in March, setting the record for sales processed in one month since the Fraser Valley Real Estate Boards (FVREB) inception in 1921.

In March, the FVREB processed 3,006 sales on its Multiple Listing Service (MLS), an increase of 62 per cent compared to March 2015 and 26 per cent more then was processed in February. The previous record of 2,720 processed sales was set in March of 1991.

Charles Wiebe, President of the Board, said of this months statistics, This market is uncharted territory for Fraser Valley real estate. Its typical for spring to see a jump in activity; however, March came and went at a break-neck, record-setting pace. Ive never seen anything like it.



Another record-setting month for Fraser Valley real estate

SURREY, BC For the second time in as many months, Fraser Valley real estate saw record-setting monthly sales.

In February, the Fraser Valley Real Estate Board processed 2,387 sales on its Multiple Listing Service (MLS), an increase of 79 per cent compared to February 2015 and 78 per cent more then was processed in January. To give a historical perspective, sales in February were 46 per cent over the 10-year average for that month; and, 4 per cent higher than the previous record of 1,948 sales in February 1992.

Charles Wiebe, President of the Board said of this months record numbers, In my twenty-five years of real estate, I have never seen such consistent demand for housing in the Fraser Valley.



FVREB announces new 2016/2017 board; White Rock REALTOR awarded top honour

LANGLEY, BC The Fraser Valley Real Estate Board (FVREB) elected its new Board of Directors for the 2016/2017 year at its Annual General Meeting held on February 24th.

Charles Wiebe will replace outgoing President Jorda Maisey. Wiebe is a licensed REALTOR of over twenty-five years, and is a representative of RE/MAX Little Oak Realty in Fort Langley.

This is a great honour, and an exciting opportunity, to help lead the Fraser Valley Real Estate Board through 2016, remarked Wiebe. Now, more than ever, given the unprecedented pace of our market, it is critical that our organization continues to emphasize and build upon pillars of professionalism and expertise within Fraser Valley real estate.



Fraser Valley REALTORS gift $20,000 to local food banks

SURREY, BC On behalf of Fraser Valleys 2,900-plus REALTORS, the Fraser Valley Real Estate Board (FVREB) has donated $20,000 to five food banks in its regional area.

Jorda Maisey, President of the FVREB, said This gift is an acknowledgement of the tremendous work these organizations accomplish in caring for our neighbours and communities throughout the Valley.

Our region is developing on many levels, but there are still a great number of individuals and families who need food on a daily basis. Were honoured to be able to help.



New Year brings strongest January on record

SURREY, BC Fraser Valleys real estate market showed no signs of slowing down, producing the strongest sales for January on record.

The Fraser Valley Real Estate Board processed 1,338 sales on its Multiple Listing Service (MLS) in January, an increase of 57 per cent compared to January 2015 and 13 per cent fewer then were processed in December. Sales in January ranked at the top for the last ten years coming in 57 per cent over the 10-year average, and 5 per cent higher than the previous record of 1,270 sales in January 1992.

Jorda Maisey, President of the Board said, Typically, we see January numbers slow down post-holiday season, but so far demand for Fraser Valley homes hasnt let up. Homebuyers are reluctant to wait when the market is moving this fast.




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