An Official Community Plan (OCP) represents a community’s vision for the future and provides a framework to guide growth and decisions about the use and management of land and resources in the municipality. The OCP describes how and where residential, commercial,...
Through-out April, the Real Estate market adapted to the public health measures to mitigate COVID-19. As expected, there was a large decrease in activity which resulted in one of the slowest Aprils in Fraser Valley history. The Fraser Valley hasn’t seen sales this low...
There is nothing more discouraging than having your listing expire. You’ve gone to all the trouble of staging your home, spending weekends and evenings running out the door to accommodate last minute showings and have nothing to show for it. The good news is there are...
Seasonally-adjusted Canadian retail sales were up by 0.3% in February at $52 billion. The rise in February was driven by auto dealers and general merchandise stores. Sales were up in 6 of 11 sub-sectors, representing 63% of retail sales. Some retailers reported that...
An extremely bold move was made by the Bank of Canada on March 4th, 2020 by slashing its key interest rate to 1.25%. In an attempt to keep the economy moving this drop was by 50 basis points. Not only has COVID-19 played a role, so has the winter weather, the rail...
February property sales in the Fraser Valley finished above the 10-year average for the month. New listings came in 3 percent lower, making the overall inventory at historically below-average levels. The FVREB processed 35 detached home sales in Mission on MLS in...
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