Fraser Valley housing market slows down in 2018

2019-01-10T15:37:55+00:00January 3rd, 2019|Statistics|

SURREY, BC – After three consecutive years of total annual sales surpassing 20,000 units, 2018 saw the Fraser Valley real estate market return to more typical levels for both sales and inventory. The Board’s Multiple Listing Service® (MLS®) processed 15,586 sales in 2018, a 30.2 per cent decrease compared to 2017’s 22,338 sales and [...]

Fraser Valley market stays quiet through November

2019-01-03T12:29:31+00:00December 4th, 2018|Statistics|

SURREY, BC – Despite November’s market continuing at a slower pace and dropping compared to all-time highs in 2017, sales and inventory levels for the month were on par with historical averages for this time of year. The Fraser Valley Real Estate Board processed 1,028 sales of all property types on its Multiple Listing Service® [...]

October brings slight bump to sales for Fraser Valley

2018-11-02T11:20:25+00:00November 2nd, 2018|Statistics|

SURREY, BC – The Fraser Valley housing market saw slight increases in both total transactions and overall inventory this month after sales hit their lowest point for the year in September. The Fraser Valley Real Estate Board processed 1,155 sales of all property types on its Multiple Listing Service® (MLS®) in October, a decrease of [...]

Housing supply ample as buyers remain hesitant in September

2018-11-02T11:17:50+00:00October 2nd, 2018|Statistics|

SURREY, BC – The slowing of sales activity and expansion of overall inventory that has defined much of 2018 for the Fraser Valley housing market continued in September, with sales at their lowest point and inventory at its highest for the year. The Fraser Valley Real Estate Board processed 1,035 sales of all property types [...]

Fraser Valley sees further decline in activity in August

2018-09-05T08:43:10+00:00September 5th, 2018|Statistics|

SURREY, BC – Market activity declined further in August with sales dropping to their lowest level this year. The Fraser Valley Real Estate Board processed 1,155 sales of all property types on its Multiple Listing Service® (MLS®) in August, a decrease of 38.5 per cent compared to the 1,879 sales in August of last year, [...]

Inventory builds as summer slowdown hits

2018-08-02T11:29:17+00:00August 2nd, 2018|Statistics|

SURREY, BC – Overall housing supply continued to grow in July as sales dropped to their lowest point this year since January. The Fraser Valley Real Estate Board processed 1,290 sales of all property types on its Multiple Listing Service® (MLS®) in July, a decrease of 33.4 per cent compared to the 1,937 sales in [...]

Inventory continues to climb in Fraser Valley as sales simmer

2018-07-04T08:49:15+00:00July 4th, 2018|Statistics|

SURREY, BC – The Fraser Valley housing market kicked-off summer with a further increase to overall inventory and a downturn in sales across all major residential property types. The Fraser Valley Real Estate Board processed 1,452 sales of all property types on its Multiple Listing Service® (MLS®) in June, a decrease of 43.5 per cent [...]

Fraser Valley market finds comfortable pace in May as inventory reaches highest level in two years

2018-06-04T10:29:19+00:00June 4th, 2018|Statistics|

SURREY, BC – The Fraser Valley stepped towards a more balanced market in May, with both sales and overall inventory reaching their highest points for the year. The Fraser Valley Real Estate Board processed 1,758 sales of all property types on its Multiple Listing Service® (MLS®) in May, a decrease of 35.1 per cent compared [...]

New Fraser Valley listings stood-up as spring market fails to show in April

2018-05-02T08:54:56+00:00May 2nd, 2018|Statistics|

SURREY, BC – Buyer activity in the Fraser Valley stayed coy throughout April despite a bump in inventory across all three major residential types. The Fraser Valley Real Estate Board processed 1,708 sales of all property types on its Multiple Listing Service® (MLS®) in April, a decrease of 23.4 per cent compared to the 2,230 [...]

Spring market kicks-off with slim supply in March

2018-10-10T07:34:02+00:00April 4th, 2018|Statistics|

SURREY, BC – While sales reached slightly above the ten-year average for the month, a lack of sufficient inventory in the Fraser Valley continued to put pressure on homebuyers in March. The Fraser Valley Real Estate Board processed 1,664 sales of all property types on its Multiple Listing Service® (MLS®) in March, a decrease of [...]

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