Rob Blair

Cell 604-617-1208 | robblair@remax.net

I have listed a new property at 31 5850 177B ST in Surrey.
Dogwood Gardens, 4 Bedrooms and a den up, 3 Bathrooms, hard to wrong with this spacious, over 1550 square foot home, close to everything: schools, restaurants, shopping, bakeries, coffee, transit, and more. One parking spot, designated visitor parking throughout the complex, and loads street parking for visitors. Children and pet friendly, this home is for you, with a fully fenced yard backing on to greenspace,and the complex also has a playground and outdoor pool for those long summer lazy days and basic cable for those warm winter nights cuddled up to the gas fireplace.
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I have listed a new property at 2 5662 208 ST in Langley.
The Meadows - Upper unit with 2 bedrooms, and a flex room that could be a den, the 3rd bedroom or a dining area. Bright kitchen w/skylight, recent updates including, fridge, stove, built-in microwave, dishwasher, blinds, tile, bathrooms, flooring and hotwater tank (2022). Additional features include the gas fireplace, single garage, plus a 2nd parking spot and storage. Walking distance to shops, transit, park and schools. Spacious Northern exposed sundeck overlooking the beautiful gardens and grounds in this family complex. Pets are welcome too.
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I have listed a new property at 19676 86 AVE in Langley.
Park like, gated, 2.35 acre estate property in the Northwest Langley Industrial area. You will find all the bells and whistles here. Situated in the middle of the property you will find this Gorgeous remodelled country custom 6683 square foot 6 bedroom, 7 bathroom, 2 storey with a 1 bedroom legal suite in the walkout basement, a fully fenced backyard, and its on City water! For added privacy the detached shop measuring out at 44' x 32' with 200 amp service. 2 bedroom and 1 full bath coachhome and side suite is set at the front of the property. Loads of options here with this rare holding property, all suites fully renovated over the past 2 years, time to get creative, possible subdivision with a natural divide between the front and the back in the form of Latimer Creek. Quasi retail to the West and Industrial to the East, this could be a gold mine for the right Entrepenuer!
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I have listed a new property at 31 5850 177B ST in Surrey.
Dogwood Gardens, 4 Bedrooms and a den up, 3 Bathrooms, hard to go wrong with this spacious, over 1500 square foot home, close to everything: schools, restaurants, shopping, bakeries, coffee, transit, and more. One covered parking spot, designated visitor parking throughout the complex, and loads street parking for visitors. Children and pet friendly, this home is for you, with a fully fenced yard backing on to greenspace, and the complex also has a playground and outdoor pool for those long summer lazy days
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Fraser Valley sales dip below 10-year average for first time in nearly two years


SURREY, BC - Property sales in the Fraser Valley decreased by over 35 per cent in April 2022 compared to the previous month, and while the figure is still the sixth-highest April on record for the past ten years, it marks the first time monthly sales have fallen below the ten-year average since June 2020.


In April, the Fraser Valley Real Estate Board (FVREB) processed 1,637 sales on its Multiple Listing Service® (MLS®), a decrease of 45.7 per cent compared to April 2021 and a 36.6 per cent decrease compared to March.


 

“We would typically see a flurry of activity around this time of the year,” said, FVREB President, Sandra Benz, “however that’s not been the case so far. While it’s still too early to say whether this trend will endure, the slowing of sales combined with an increase in active listings is helping to restore a semblance of balance to the market, which is encouraging for homebuyers.”

 

Last month, the Board received 3,622 new listings, a decrease of 27.8 per cent compared to April 2021, and a decrease of 20.9 per cent compared to March 2022. The total month-end active inventory in April was 5,387, 14.6 per cent higher than in March.

 

“In an effort to stem inflation worries, the government has moved quickly to implement interest rate hikes,” added FVREB CEO Baldev Gill. “In fact, we’re already back to rate levels we haven’t seen since 2019. This will put an added burden on homebuyers, particularly on first-timers, who will have to meet more stringent stress test conditions. Ultimately, this will likely result in a decrease in demand, which may slow price growth, however it will do little to resolve the underlying issue of low inventory.”

 

Across Fraser Valley, in April, the average number of days to sell a single-family detached home was 16 and a townhome was 13 days. Apartments took, on average, 13 days to sell.


MLS® HPI Benchmark Price Activity

  • Single Family Detached: At $1,731,000, the Benchmark price for an FVREB single-family detached home increased 0.2 per cent compared to March 2022 and increased 33.8 per cent compared to April 2021.
  • Townhomes: At $902,500, the Benchmark price for an FVREB townhome increased 1.8 per cent compared to March 2022 and increased 38.3 per cent compared to April 2021.
  • Apartments: At $649,500 the Benchmark price for an FVREB apartment/condo increased 1.0 per cent compared to March 2022 and increased 35.6 per cent compared to April 2021.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.