FRASER VALLEY NEWS
Buyers gaining upper hand in Fraser Valley real estate market
The information below has been updated with the revised HPI Data as of March 20, 2025. SURREY, BC – For the first time in four months, home sales in the Fraser Valley have increased [...]
Fraser Valley’s decade-high inventory could open doors for buyers
The information below has been updated with the revised HPI Data as of March 20, 2025. SURREY, BC – Growing inventory and stable prices could lead to opportunities for buyers in the Fraser Valley [...]
New listings at 10-year high in 2024, but affordability still the elephant in the room in Fraser Valley
SURREY, BC – Bank of Canada interest rate cuts that began mid-year were not enough to ease the affordability crisis for many home buyers in the Fraser Valley in 2024, leading to a decline [...]
Fraser Valley home sales returning to seasonal norms in November after October surge
SURREY, BC – Following a healthy boost in sales in October, Fraser Valley home sales dropped in November as slower seasonal buying trends set in amid balanced market conditions. The Fraser Valley Real Estate Board [...]
Rising home sales a sign of market shift in the Fraser Valley?
SURREY, BC — Home sales in the Fraser Valley increased for the first time in five months following a sizable interest rate cut by the Bank of Canada in October. The Fraser Valley Real [...]
Sluggish sales and rising inventories see Fraser Valley moving toward a buyer’s market
SURREY, BC — With active inventories hitting levels not seen in 10 years and sales 30 per cent below the 10-year average, Fraser Valley real estate is building towards a buyer’s market if sales continue [...]
Two rate cuts not enough to ignite summer home sales in the Fraser Valley
SURREY, BC – The Fraser Valley residential resale market slowed again in August, as homebuyers continue to face affordability challenges. The Fraser Valley Real Estate Board recorded 1,067 sales in August, down by 13 per [...]
Cool summer market persists in Fraser Valley with second slowest July sales in a decade
SURREY, BC – Sluggish seasonally-adjusted sales and a continued rise in inventory has the Fraser Valley market slowly shifting to favour buyers. The Fraser Valley Real Estate Board recorded 1,230 sales in July, down by [...]
Fraser Valley home sales fall despite Bank of Canada rate cut
SURREY, BC –The policy rate cut of 25 basis points by the Bank of Canada on June 5 was not enough to rally home sales in the Fraser Valley last month. The Fraser Valley [...]