By now, you should have received your property assessment for 2016. The property value increases were substantial across the board and many are questioning the accuracy of the assessed price due to the foreign buyer tax which took effect after the property assessments dated July 1, 2016. While the market has slowed since this past summer, foreign citizens were involved in 4.1* per cent of all homes bought in November in and around Vancouver, more than quadruple the near-zero

A NEW MARKET - Fraser Valley real estate kicked-off the New Year strong with sales reaching above the ten-year average for January, and a healthy intake of new inventory. The Fraser Valley Real Estate Board processed 976 sales of all property types on its Multiple Listing Service® in January, a decrease of 27.1 per cent compared to the 1,338 sales in January of last year, and a 1 per cent increase compared to 966 sales in December 2016. Of the 976 sales processed last month,