FRASER VALLEY STATISTICS
Whether you’re looking to buy or sell real estate, preparation is key. By utilizing market data and statistics, with the help of your Realtor, you can identify the best opportunities that are available to you when you make your move.
The Fraser Valley Real Estate Board publishes a monthly statistics package that includes an overview and breakdown of real estate activity throughout the region. The full package is available here and includes:
- Written analysis and comments on the market from the Board Chair
- An overview of MLS® activity for Fraser Valley communities, including monthly and yearly comparisons
- Graphs and visual information relating to inventory and pricing
As they say, ‘knowledge is power’. Take the time to learn about pricing, inventory and other market information in your desired community. Talk to your Realtor about receiving specialized market analysis for the Fraser Valley, and how you can best utilize real estate data when buying or selling your property.
NOTE: To ensure accuracy, MLS® HPI methodology is adjusted over time. Effective March 2020, the MLS® HPI benchmark price for FVREB townhome properties and FVREB/Lower Mainland composites (All Property Types combined) in affected areas was revised back to January 2005 to reflect new historical benchmark models. Historical Stats Packages reflect indices and benchmark price data at that point in time. For the most up‐to‐date data, see current reports.
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 [...]