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RE/MAX Treeland Realty, #101 6337 198 Street Langley, BC V2Y 2E3

Elelvation Real Estate Group

April 2020

Is It Different This Time? Recessions and the BC Housing Market Summary Findings:

Posted on Apr 21, 2020

Is It Different This Time? Recessions and the BC Housing Market Summary Findings

April 20, 2020
BCREA Market Intelligence Reports

Summary Findings:


  • The 2020 COVID-19 driven recession will be deep, though the duration may be shorter than past recessions
  • We expect that home sales will post an initial sharp decline as households and the real estate sector adhere to social distancing
  • As measures implemented to mitigate the spread of COV...

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

Posted on Apr 05, 2020

Fraser Valley Housing Market statistics March 2020

April 2nd, 2020
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...

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