REAL Trends 500: RE/MAX Agents Outproduce Competition for 10th Straight Year

(May 01, 2020)

Prestigious industry survey reveals RE/MAX agents averaged 15.6 transaction sides, while agents with all other brands averaged 7.0.

At a time when a real estate agent’s experience and ability to navigate tough terrain have never been more important, a new industry report confirms that RE/MAX agents are far more productive than the norm.

According to the 2020 REAL Trends 500 survey, a widely followe... read more.

COVID-19’s impact on the Fraser Valley market

(April 24, 2020)

It’s been about six weeks of the COVID effect on the housing market. How bad is it? And what do the most recent numbers tell us about what’s in store? No one is watching MLS® data more closely than Brendon Ogmundson, BCREA’s Chief Economist.

On April 20, BCREA released preliminary projections on how COVID is affecting the market. We caught up with him on that same day to provide you more insight t... read more.

75% Canada Emergency Wage Subsidy Legislated Details

(April 17, 2020)

 
 75% Canada Emergency Wage Subsidy Legislated Details April 15th, 2020 Canada Emergency Wage SubsidyOn April 11, 2020, the Federal Government passed the legislation that will serve as the rules for the 75% Canada Emergency Wage Subsidy (CEWS). This means that while Business Owners are still waiting for the application portal to open up, at least we now know what the requirements are for eligibili... read more.

IMPORTANT -  BC Hydro Personal & Business Relief Measures

(April 17, 2020)

 
 
 
 
 
As a response to the financial strains that are being placed on its customers, BC Hydro has introduced a financial relief effort called the Covid-19 Relief Fund.
 
This effort aims to provide support to both BC Hydro's residential & business clients who have been effected by Covid-19. Please read below for more details and what options might be available to you.
 
 
For residential customers: If... read more.

MARCH- APRIL MARKET STATS:

(April 08, 2020)

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 S... read more.