Every Canadian deserves a safe and affordable place to call home.

Sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) remained robust in June however, for the first time since last September, monthly sales did not break a historical record.

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.

Starting in 2021, B.C. homeowners will apply for their homeowner grant through the Province, not their municipality, which will make applying for the grant quicker and easier.

For the sixth consecutive month, Fraser Valley’s real estate market experienced property sales at levels never seen before in the 100-year history of the Fraser Valley Real Estate Board (FVREB).

People buying or selling a home will benefit from a real estate industry with more efficient and co-ordinated oversight from BC Financial Services Authority (BCFSA).

The NDP promised to make housing more affordable, but after nearly four years of their leadership, housing prices in B.C. are higher than ever and the construction of new homes has slowed significantly.

The Fraser Valley Real Estate Board processed a total of 1,718 sales of all property types on its Multiple Listing Service® (MLS®) in January 2021, an increase of 76 per cent compared to January 2020 and 18 per cent fewer then were processed in December 2020. Sales in January set a new, record high for the month; 72 per cent above the 10-year average, and 28 per cent higher than the previous record of 1,338 sales set in January 2016.

In a year when the real estate market was at a standstill for months due to COVID-19, total annual sales in the Fraser Valley still finished 12.4 per cent above the 10-year average due to unrelenting, pent-up consumer demand during the second half of 2020.

Any downturn in British Columbia’s housing sector will have serious consequences for the provincial economy, finds a new essay released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.