Archive | Abbotsford Real Estate

Business: Real Estate Sales, Listings, Inventory Continue To Decline

Business: Real Estate Sales, Listings, Inventory Continue To Decline

Fraser Valley buyers and sellers continued to take a holiday from the real estate market in August with the region’s Multiple Listing Service (MLS®) showing a decrease in sales, new listings and overall inventory compared to July. Read the full story

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Business News: Are DCC’s Putting Building Costs ‘Through The Roof’?

Business News: Are DCC’s Putting Building Costs ‘Through The Roof’?

Abbotsford took the unusual step this summer of providing developers, even ones with projects announced a year ago, with 5-year tax breaks. Is it because, as some argue, the City is desperate for the Development Cost Charges (DCCs) they get up front from developers? Read the full story

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Abbotsford Real Estate: Sales Plummet 47% In July – FVREB

Abbotsford Real Estate: Sales Plummet 47% In July – FVREB

The Fraser Valley Real Estate Board (FVREB) processed 1,101 sales on its Multiple Listing Service (MLS®) in July, a decrease of 47 per cent compared to the 2,089 sales during the same month last year and down 39 per cent compared to June. Read the full story

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Real Estate: Price Of Detached Homes Rises 10 % – Sales Slide 8 %

Real Estate: Price Of Detached Homes Rises 10 % – Sales Slide 8 %

The benchmark price for Fraser Valley detached homes in June was $518,355, a 9.9 percent increase compared to $471,788 in June 2009. The market experienced a drop in sales of eight percent from last year’s sales despite a 23 percent increase since May. Read the full story

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Abbotsford Real Estate: FVREB Stats Show HST Will Hurt New Home Sales In Abbotsford

Abbotsford Real Estate: FVREB Stats Show HST Will Hurt New Home Sales In Abbotsford

The Fraser Valley will offer buyers of new homes noticeable savings after July 1 when the Harmonized Sales Tax (HST) comes into effect, according to the Fraser Valley Real Estate Board (FVREB). The same does not appear to be true for new detached homes in Abbotsford. Read the full story

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Business News: Real Estate Listings Way Up

Business News: Real Estate Listings Way Up

The Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) saw close to record levels of listings in April, in addition to strong sales and prices. Deanna Horn, president of the Board, says, “This is a typical, healthy spring market for the Fraser Valley. Read the full story

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Real Estate: Still A Buyer’s Market Says Fraser Valley Real Estate Board

Real Estate: Still A Buyer’s Market Says Fraser Valley Real Estate Board

With plenty of selection and relatively modest price increases, buyers are enjoying a healthy spring market in the Fraser Valley according to the Fraser Valley real Estate Board (FVREB). The Board’s Multiple Listing Service® (MLS®) recorded 1,565 sales in March, an increase of 30 per cent over February’s sales Read the full story

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Real Estate: Abbotsford Housing Among LEAST Affordable in the World

Real Estate: Abbotsford Housing Among LEAST Affordable in the World

With housing in Vancouver coming in at the least affordable in the entire world, Abbotsford came in number 24. Only Vancouver and Victoria are more expensive in all of Canada. Read the full story

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Business News: Olympics Boost Real Estate Sales

Business News: Olympics Boost Real Estate Sales

Not even the most engaging Olympics in Canadian history could completely slow the appetite for house hunting, according to the most recent statistics from the Fraser Valley Real Estate Board. The Board’s Multiple Listing Service (MLS) recorded 1,204 sales in February, an increase of 23 per cent over January’s sales Read the full story

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Business News: Fraser Valley Real Estate Board Elects New Directors

Business News: Fraser Valley Real Estate Board Elects New Directors

Members of the Fraser Valley Real Estate Board FVREB) elected their 2010/2011 Board of Directors at an annual general meeting held at the Coast Hotel & Convention Centre in Langley on February 17. The new FVREB Board of Directors takes office on March 1, 2010. Read the full story

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