New property listed in Grandview Surrey, South Surrey White Rock

NEW LISTING!  115 16528 24A AVE in Surrey.
The Notting Hill townhomes were inspired by the timeless elegance of traditional British design and the natural west coast setting. This classic Stacked Flat is a new concept in South Surrey. 2-storey Townhomes stacked above parking and community foundation. This lovely 2 storey townhome with open main floor plan opening onto fenced yard. Kitchen features high end Kitchenaid appliances, quartz countertops, large island and plenty of cabinets. Open living/dining room plus a powder room on the main floor. 3 bedrooms up, master with his & hers closets walk in frameless glass shower, double sinks. Full main bath with soaker tub. Underground garage with side by side parking. Storage locker. Close to shopping, aquatic center, schools and transit.

New property listed in Willoughby Heights, Langley

NEW LISTING!  1 20738 84 AVE in Langley.
Welcome home to the highly sought after Yorkson Creek. This lovely end unit features many upgrades throughout. The bright kitchen includes granite counter tops, high end cabinetry, and stainless steel appliances. The fenced patio is the perfect spot to sit with a morning cup of coffee or keep an eye on young children and pets. The living room features a gas fireplace and hardwood floors. Three spacious bedrooms upstairs with bright windows. The master bedroom includes air conditioning, a walk in closet, and an en suite with heated flooring. The ground floor includes a double tandem garage and recreation room. This well equipped home also includes a central vac, on demand hot water, and shaw cable and internet included in your strata fees.

Fraser Valley home sales rebound in July after lackluster June

SURREY, BC – A noticeable lift in home sales and slight decrease in new listings bolstered the Fraser Valley housing market in July.

The Fraser Valley Real Estate Board processed 1,458 sales of all property types on its Multiple Listing Service® (MLS®) in July, a 11.6 per cent increase compared to sales in June 2019, and a 13 per cent increase compared to the 1,290 sales in July of last year.

Chris Shields, President-Elect of the Board, observed, "We've been expecting market improvement, but didn't quite anticipate July's momentum. We've gone from the worst June in almost 20 years to a July that's only slightly below the 10-year average. For both buyers and sellers, a return to an active, more balanced market is welcome news."

"We attribute the change in July to pent-up demand and an increase in consumer confidence. REALTORS® in our market saw more activity at open houses and an increase in the number of first-time buyers. Data from our informal member market poll in July showed the highest level of first-time buyer purchases in the Fraser Valley since early 2016."

There were 8,340 active listings available in the Fraser Valley at the end of July, an increase of 12.7 per cent compared to July of last year and a decrease of 2.1 per cent compared to June 2019. The Board received 2,797 new listings in July, a 0.5 per cent decrease compared to June 2019's intake of 2,810 new listings and a 4.2 per cent decrease compared to July of last year.

"Sales of single family detached in our region increased by over 18 per cent in July compared to last year," added Shields. "Sellers are now recognizing that although listing prices are down, it's also now more affordable to buy."

HPI® Benchmark Price Activity

  • Single Family Detached: At $957,400, the Benchmark price for a single-family detached home in the Fraser Valley decreased 0.3 per cent compared to June 2019 and decreased 6.3 per cent compared to July 2018.
  •  Townhomes: At $520,700, the Benchmark price for a townhome in the Fraser Valley in the Fraser Valley decreased 0.9 per cent compared to June 2019 and decreased 6.6 per cent compared to July 2018.
  •  Apartments: At $409,700, the Benchmark price for apartments/condos in the Fraser Valley remained unchanged compared to June 2019 and decreased 9 per cent compared to July 2018.
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