Fraser Valley real estate market 2022 – highs, lows, and a return to balance

2023-01-05T09:50:13-08:00January 5th, 2023|Statistics|

SURREY, BC – In a year that saw prices peak early on, feeding off the momentum of record-breaking sales in 2021, the Fraser Valley real estate market came back down to earth by the close of 2022, due largely to interest rate increases designed to stave off inflation. The Fraser Valley Real Estate Board [...]

New listings lag as Fraser Valley real estate market sees third month of declining sales

2022-12-02T08:45:41-08:00December 2nd, 2022|Statistics|

SURREY, BC – With sales down almost seven per cent from October, and new listings off by more than 20 per cent, the Fraser Valley housing market continues its slowing trend heading into the holiday season. Despite the market slowdown, opportunities are available, as evidenced by brisk turnover time frames. In November, the Fraser [...]

Housing prices remain soft, sales flat, throughout the Fraser Valley

2022-11-02T09:02:09-08:00November 2nd, 2022|Statistics|

SURREY, BC – Fraser Valley housing market sales for October remained relatively unchanged from last month as prices dipped slightly across all categories. In October, the Fraser Valley Real Estate Board (FVREB) processed 901 sales on its Multiple Listing Service® (MLS®), an increase of 0.4 per cent compared to last month and a 53.5 [...]

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

2018-06-04T10:29:19-08:00June 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

2018-05-02T08:54:56-08:00May 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 [...]

Lack of supply continues to command Fraser Valley housing market

2018-03-02T14:13:00-08:00March 2nd, 2018|Statistics|

SURREY, BC – Despite slight increases in both active and new inventory in the Valley, overall supply in February remained well below the ten-year average for the month historically. The Fraser Valley Real Estate Board processed 1,385 sales of all property types on its Multiple Listing Service® (MLS®) in February, a decrease of 0.8 per [...]

Another big year for Fraser Valley real estate

2018-01-03T13:04:08-08:00January 3rd, 2018|Statistics|

SURREY, BC – The Fraser Valley housing market had its second highest selling year on record in 2017, with total MLS® transactions and dollar volume sold behind only 2016’s unprecedented level of activity. The Board’s Multiple Listing Service® (MLS®) processed 22,338 sales in 2017, 7.3 per cent less than the record of 23,974 sales set [...]

Attached sales continue to drive Fraser Valley market in November

2017-12-04T11:06:51-08:00December 4th, 2017|Statistics|

SURREY, BC – Demand for Fraser Valley properties persisted through November, once again bolstered by strong attached sales across the region. The Fraser Valley Real Estate Board processed 1,743 sales of all property types on its Multiple Listing Service® (MLS®) in November, an increase of 39.8 per cent compared to the 1,247 sales in November [...]

October fails to scare away home buyers in the Fraser Valley

2018-10-10T07:34:02-08:00November 2nd, 2017|Statistics|

SURREY, BC – Ongoing demand for properties in the Fraser Valley saw overall sales reach the second highest point for an October in the Board’s history. The Fraser Valley Real Estate Board processed 1,799 sales of all property types on its Multiple Listing Service® (MLS®) in October, an increase of 23 per cent compared to [...]

Demand for Fraser Valley homes remains unchanged despite change of season

2018-10-10T07:34:02-08:00October 3rd, 2017|Statistics|

SURREY, BC – Residential property sales in the Fraser Valley remained strong in September, with both attached and detached homes performing well throughout the region. The Fraser Valley Real Estate Board processed 1,619 sales of all property types on its Multiple Listing Service® (MLS®) in September, an increase of 24.1 per cent compared to the [...]

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