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Get To Know Mission, BC
- Mission, BC is situated on the north bank of the Fraser River, backing onto mountains and lakes overlooking the Central Fraser Valley 80 km (50 mi) southeast of Vancouver. Unlike the other Fraser Valley municipalities, Mission is mostly forested upland with only small floodplains lining the shore of the Fraser River.
- Over 40% of Mission is actually tree farm, making it only one of two communities with municipal tree farms. Mission’s tree farm celebrated its 50th anniversary in 2008.
- Historically, forestry, hydroelectricity and agriculture were Mission’s chief resource sectors and provided the basis for varied related retail and service activities. In recent history, transportation improvements have enabled the manufacturing sector to expand beyond sawmilling and food processing.
- The Fraser near Mission is for the most part undeveloped and unspoiled which makes Mission the launch point for many water based activities that happen year round. Boat tours run from Mission’s docks on Harbour Avenue, which are also home to sport and commercial fishing vessels; the Fraser has famous salmon runs and population of green sturgeon.
BC Residential Market
- Overall property sales – still the third highest ever for January – cooled compared to December while the volume of new listings improved significantly.
- The Fraser Valley Real Estate Board processed a total of 1,310 sales of all property types on its Multiple Listing Service in January 2022, a decrease of 23.7 per cent compared to January 2021, and 27.5 per cent lower compared to December 2021.
- Single Family Detached: At $1,569,300, the Benchmark price for an FVREB single-family detached home increased 4.6 per cent compared to December 2021 and increased 41.8 per cent compared to January 2021.
- Townhomes: At $796,500, the Benchmark price for an FVREB townhome increased 4.0 per cent compared to December 2021 and increased 37.2 per cent compared to January 2021.
- Apartments: At $574,300, the Benchmark price for an FVREB apartment/condo increased 4.6 per cent compared to December 2021 and increased 30.6 per cent compared to January 2021.
- The Fraser Valley is experiencing a record-setting housing boom as people opt to move from central urban cores to suburban locations and work from home in a larger space for the same or less money. Mission (pop. 38,833) is one of the fastest-growing cities in Western Canada with an average annual growth rate of 2.2% over the past five years, versus the provincial average of 1.8%. Yet, there is a limited inventory of rental units – just 445 in 2019 with an overall vacancy rate of 0.2% – one of the lowest rates in Metro Vancouver.
- British Columbia has grown rapidly and continues to experience positive net migration; however, our construction of new rental housing stock has not kept pace. Increased demand for rental units due to our lowest unemployment rate, growth in Vancouver’s tech sector, and international and inter-provincial movement have caused a massive shortage of housing.
- As of October 13th, 2021, 81% of British Columbians intend to travel overnight in BC within the next year.
- Vancouver, Coast and Mountains is the most visited region by British Columbians (40%), followed by Thompson Okanagan (29%) and Vancouver Island (27%).
- Measured quarterly, reported travel in the October December 2021 time period is lower versus the three months before (July – September 2021) which is likely in large part due to expected seasonal variations. Relative to the same time last year, travel to all destinations was significantly stronger, signalling increased confidence in travel since 2020 . This may in part due to less stringent health and travel restrictions compared to this same time period in 2020.
- Compared to the same period in 2020, BC residents overnight trips within the province increased +9 points to 34%, trips to other provinces increased +7 points to 12%, trips to the US increased +4 points to 6%, and trips to other countries increased +3 points to 4%.
- B.C. is known for its spectacular national and provincial parks. The breathtaking scenery and inspiring natural surroundings in our parks provide the perfect setting for tuning into nature, learning about it, appreciating it and respecting it.