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New property listed in King George Corridor, South Surrey White Rock

NEW LISTING!  218 2960 151 ST in Surrey.
South Point Walk 2, Step inside this well designed building by Streetside/Qualico. Spacious kitchen with all Stainless Whirlpool appliances, gas range and Quartz counter tops, shaker style cabinetry and 10 foot ceilings. This home features 2 large bedrooms, and 2 full bathrooms, Master Bedroom with walk in closet full ensuite with walk in shower, second bathroom with large soaker tub. 2 side by side parking stalls. Short walk to all amenities including shopping, restaurants and services. Building includes gym, amenity room, theater and community garden!
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COVID-19 Financial Resources for Homeowners & Tenants


COVID-19 has made a large finacial impact on homeowners and tenants. Here are some of the many relief and information resources available. We will update this with new information as it becomes available.


MORTGAGES:

Many financial institutions are offering payment deferrals. If you are currently facing financial hardship it is worth talking with your lender to see if this is an appropriate option for you.


RENTAL SUPPLEMENT:

BC housing is providing up to $500 as a temporary rental supplement to qualifying tenants.

More info: https://www.bchousing.org/BCTRS


BC HYDRO

  • Relief Fund: Applies a 3-month credit to your BC Hydro account for eligible customers (avg credit will be $477).
  • Bill deferral and payment plans.
  • Customer Crisis Fund: Grants of up to $600 off your energy bill.
  • BC Hydro is halting all service disconnections for non-payment of bills

https://app.bchydro.com/accounts-billing/bill-payment/ways-to-pay/covid-19-relief-fund.html


For more information on individual and business income support:

Federal Supports

https://www.canada.ca/en/department-finance/economic-response-plan.html#individuals

Provincial Supports:

https://www2.gov.bc.ca/gov/content/employment-business/business/small-business/resources/covid-19-supports

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March sales and new listing data show preliminary impact of COVID‐19 on Fraser Valley housing market

SURREY, BC – The most up to date Multiple Listing Service® (MLS®) data from the Fraser Valley Real Estate Board (FVREB) indicates COVID-19 has put the market on pause, as REALTORS® and the public adhere to health authority rules and government guidelines on the pandemic.


By the end of March, the FVREB processed a total of 1,441 sales on its MLS®, a 7 per cent increase compared to sales in February 2020, and an 18 per cent increase compared to the 1,221 sales in March 2019. During the first seven business days of the month, property sales were tracking 60 per cent higher compared to the same period in March of last year, however finished significantly lower.


Chris Shields, President of the Board, observes, "Sales were steadily increasing as is typical moving into spring, and then understandably and necessarily, they started to decline. We serve the public and we understand it is very challenging to buy or list a home while maintaining physical distancing, however if you need us, know that we are here for you."


"We are grateful that the BC government has designated real estate an essential service, and accordingly, our industry has implemented numerous measures to mitigate and manage risk. We have suspended open houses, restricted showings, pivoted to using technology as much as possible, and are urging Realtors in the middle of completing transactions with their clients to do so electronically."

The Board received 2,666 new listings in March, a 4 per cent increase compared to February’s intake of 2,557 new listings. In the lead up to March 10, new listings were tracking 3 per cent higher compared to the same period last year.


By month end, new listings finished 7 per cent lower compared to March of last year taking the number of active listings to 6,083, an increase of 6 per cent compared to February’s inventory and a decrease of 13 per cent year-over-year.


"Shields adds, "A Realtor’s duty is to protect our clients. Now, as a society, we all have a duty. We are urging consumers to follow all recommended health and government guidelines and are committed to doing our part for as long as necessary."


In March, the average number of days to sell an apartment was 27; 28 for townhomes and 38 or single family detached.


MLS® HPI Benchmark Price Activity

  • Single Family Detached: At $988,500, the Benchmark price for a single-family detached home in the Fraser Valley increased 1.8 per cent compared to February and, also increased 2.6 per cent compared to March 2019.
  • Townhomes: At $549,600*, the Benchmark price for a townhome in the Fraser Valley increased 0.7 per cent compared to February and increased 1.3 per cent compared to March 2019.
    *Effective Mar 2020, MLS® HPI for townhomes updated and revised back to Jan 2005
  • Apartments: At $423,200, the Benchmark price for apartments/condos in the Fraser Valley increased 2.1 per cent compared to February and increased 1.2 per cent compared to March 2019.
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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.