To sell or not to sell?

While many Canadians wonder if or how they’ll ever own a home given high interest rates and scarce supply, those fortunate enough to already own consider their next move.

2023 Fall

Plans to sell

Of owners looking to sell within three years:

73% PLAN TO RENOVATE BEFORE SELLING
26% ARE CONCERNED ABOUT THE LOW SUPPLY
19% ARE CONCERNED WITH FINDING A GOOD AGENT

Mortgage or No Mortgage

National

British Columbia

Sources: Statistics Canada. Andy Yan, SFU; Nerdwallet. 2021.

THE AUTHOR

Vanessa Cheng

Issue 1 | 2023 Fall

Sources: Statistics Canada. Andy Yan, SFU; Nerdwallet. 2021.

Leading The Home Front

Will the Homes for People strategy improve affordability in BC? BC’s Minister of Housing believes it will, but it’s going to require significant investments in infrastructure, improvements in the way we approach development, shifts in how we perceive housing, everyone working together—and time.
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Sources: Statistics Canada. Andy Yan, SFU; Nerdwallet. 2021.

Real Estate Outlook 2024

As interest rates hold steady and inventories low, home sales are likely to lag into the early months of the year before picking up.
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L to R: Karen Conyers, FVRCF Board Director; Chris Hodson, FVRCF Executive Direc-tor; John Barbisan, FVRCF Chair
Sources: Statistics Canada. Andy Yan, SFU; Nerdwallet. 2021.

Fraser Valley REALTORS® Charitable Foundation

For Fraser Valley REALTORS, charity begins at home — and the FVRCF is going all in on supporting youth in the region.
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Advocacy

FVREB Goes to Ottawa

FVREB meets with MPs on Parliament Hill as part of CREA’s PAC Days campaign.
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From the CEO

Part of the Solution

As real estate professionals we need to be part of the solution.
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From the Chair

For the Greater Good

‘Clients’ or ‘Voters’: irrelevant– they are our shared constituency.
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Insight

Negative Amortization Mortgages

The rise and impact of negative amortizations.
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Trending

To sell or not to sell?

Snapshot: home ownership & mortgages in BC and Canada.
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Last Word

The Prospect Before ORE in BC

Why didn’t adding so much new housing supply lower prices?
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