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Fraser Valley Real Estate Board

www.fvreb.bc.ca


For Immediate Release: April 3, 2013


Lower inventory keeps home prices in check as ‘slowbut steady’ market continues.


SURREY, BC – In March, the Fraser Valley Real Estate Board processed 1,128 sales on its Multiple Listing Service®
(MLS®), a 20 per cent decrease compared to the 1,412 sales during the same month last year, and a 24 per cent
increase compared to February’s 913 sales.

 

The Board also received 11 per cent fewer new listings in March compared to last year – 2,736 compared to 3,066
– keeping inventory in check. March finished with 9,503 active listings, 1.5 per cent fewer than March of last year
and 3.5 per cent fewer than the 9,832 available during March of 2009; the highest volume of active...

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.