Both buyers and sellers taking a wait-and-see approach in the Fraser Valley

2019-07-03T08:10:10-08:00July 3rd, 2019|Statistics|

SURREY, BC – Last month’s property sales in the Fraser Valley were 29.3 per cent below the 10-year sales average for June and were the second lowest total for the month since the year 2000. The number of new listings also decreased in June, coming in at 9.6 per cent below the 10-year average for [...]

Slight uptick in Fraser Valley property sales in May attributable to single family detached

2019-06-04T07:51:12-08:00June 4th, 2019|Statistics|

SURREY, BC – The increase in home sales in the Fraser Valley in May compared to April is thanks to renewed interest in single family detached homes. Although total market activity remained well below historical norms - 18 per cent below the 10-year average – the sale of detached homes increased by 14.9 per cent [...]

Slower than normal market still attracting buyers in the Fraser Valley

2019-06-04T07:56:05-08:00May 2nd, 2019|Statistics|

SURREY, BC – The Fraser Valley real estate market experienced its second slowest April in ten years and yet sales of certain property types and price ranges remain solid. The Fraser Valley Real Estate Board processed 1,383 sales of all property types on its Multiple Listing Service® (MLS®) in April, a 13.3 per cent [...]

Fraser Valley market sees typical spring increase in March sales

2019-04-02T14:24:33-08:00April 2nd, 2019|Statistics|

SURREY, BC – Last month, buyers in the Fraser Valley took advantage of the continued stability in home prices and the highest inventory levels for March since 2015. The Fraser Valley Real Estate Board processed 1,221 sales of all property types on its Multiple Listing Service® (MLS®) in March, a 24.3 per cent increase compared [...]

Fraser Valley real estate market gears up for spring

2019-03-04T10:22:08-08:00March 4th, 2019|Statistics|

SURREY, BC – Coming off a mild January, the Fraser Valley real estate market saw an increase in sales activity and overall inventory in February along with decreased prices in several of its communities. The Fraser Valley Real Estate Board processed 982 sales of all property types on its Multiple Listing Service® (MLS®) in February, [...]

Inventory rises and apartment sales take lead during modest January market

2019-02-04T10:44:05-08:00February 4th, 2019|Statistics|

SURREY, BC – Overall inventory levels continued to recover as market activity remained moderate through January. The Fraser Valley Real Estate Board processed 784 sales of all property types on its Multiple Listing Service® (MLS®) in January, a 2 per cent decrease compared to sales in December 2018, and a 35.2 per cent decrease [...]

Fraser Valley housing market slows down in 2018

2019-01-10T15:37:55-08:00January 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

2019-01-03T12:29:31-08:00December 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

2018-11-02T11:20:25-08:00November 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

2018-11-02T11:17:50-08:00October 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 [...]

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