Spring inventory continues to build in the Fraser Valley to levels not seen in nearly five years

2024-06-04T09:06:59-08:00June 4th, 2024|Statistics|

SURREY, BC – Slower seasonal sales helped build inventory to its highest level since September 2019 in the Fraser Valley in May, creating more balanced market conditions for home buyers and sellers. The increase in supply over the past several months has further contributed to a softening of price growth, which is good news [...]

Modest increase in April home sales in the Fraser Valley takes lead from cooler spring weather

2024-05-03T07:50:25-08:00May 2nd, 2024|Statistics|

SURREY, BC – Supply of available homes in the Fraser Valley market continued to build last month, however buyers remained relatively hesitant, leading to a cooler resale market in April. The Fraser Valley Real Estate Board recorded 1,471 transactions on its Multiple Listings Service® (MLS®) in April, up 5 per cent from March, but [...]

March home sales growth off last month’s pace, but supply still building in the Fraser Valley

2024-04-03T09:29:24-08:00April 3rd, 2024|Statistics|

SURREY, BC –Home buyers in the Fraser Valley have more choice heading into the spring market with inventory levels for March at the highest they’ve been in the past five years. However, March sales were slower than anticipated with 1,395 transactions recorded on the Fraser Valley Real Estate Board’s Multiple Listings Service® (MLS®), a [...]

Sales, listings continue to pick up heading into spring

2024-03-04T10:14:40-08:00March 4th, 2024|Statistics|

SURREY, BC – Home sales in the Fraser Valley posted a second consecutive bump in February as new listings continue to rise and trend slightly above the 10-year seasonal average. The Fraser Valley Real Estate Board recorded 1,235 transactions on its Multiple Listing Service® (MLS®) in February, a 32 per cent increase over January [...]

Signs of stability in Fraser Valley housing market

2024-02-02T09:20:19-08:00February 2nd, 2024|Statistics|

SURREY, BC – The Fraser Valley real estate market showed signs of recovery in January as home sales rose after six consecutive months of decline, and new listings more than doubled. The Fraser Valley Real Estate Board recorded 938 transactions on its Multiple Listing Service® (MLS®) in January, a 12 per cent increase over [...]

Fraser Valley closes out 2023 with lowest annual sales recorded in 10 years

2024-01-04T10:15:57-08:00January 4th, 2024|Statistics|

SURREY, BC – High interest rates kept a lid on sales and listings in the Fraser Valley in 2023, while holding year-over-year price growth to low single digits. The Fraser Valley region ended the year with 14,713 sales recorded on its Multiple Listing Service® (MLS®), a decline of four per cent over 2022 and [...]

Home sales fall for fifth straight month in the Fraser Valley

2023-12-05T11:48:32-08:00December 4th, 2023|Statistics|

SURREY, BC – The Fraser Valley real estate market continues to cool heading into the holiday season as buyers and sellers maintain the holding pattern seen over the latter half of this year. The Fraser Valley Real Estate Board recorded 891 transactions on its Multiple Listing Service® (MLS®) in November, a drop of 8 [...]

Fraser Valley Real Estate Market Weakens as Sales and Prices Continue to Edge Downward

2023-11-02T10:57:15-08:00November 2nd, 2023|Statistics|

SURREY, BC – Property sales and new listings in the Fraser Valley fell again in October as consumers continued to put home buying and selling decisions on hold in the face of elevated interest rates. The Fraser Valley Real Estate Board recorded 970 transactions on its Multiple Listing Service® (MLS®) in October, a drop [...]

Fraser Valley market balanced, as demand softens and prices edge lower

2023-10-04T08:19:15-08:00October 4th, 2023|Statistics|

SURREY, BC – Continued slowing sales and a healthy rise in new listings in September has brought the Fraser Valley housing market into balance. Three months of declining sales has seen Benchmark prices dip for a second straight month. The Fraser Valley Real Estate Board recorded 1,100 sales on its Multiple Listing Service® (MLS®) [...]

Fraser Valley real estate sales dip in August; prices hold steady

2023-10-03T23:15:05-08:00September 5th, 2023|Statistics|

SURREY, BC – A combination of seasonal trends and cautious anticipation of the next rate announcement saw the Fraser Valley real estate market slow in August as sales fell slightly for the second month, after reaching a 15-month high in June. The Fraser Valley Real Estate Board recorded 1,273 sales on its Multiple Listing [...]

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