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 [...]

Spring market kicks-off with slim supply in March

2018-10-10T07:34:02-08:00April 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 [...]

2018 brings more of the same for Fraser Valley real estate

2018-02-02T10:08:43-08:00February 2nd, 2018|Statistics|

SURREY, BC – Fraser Valley housing market activity in January continued on the momentum seen throughout 2017 with year-over-year increases seen for both sales and pricing. The Fraser Valley Real Estate Board processed 1,210 sales of all property types on its Multiple Listing Service® (MLS®) in January, an increase of 24 per cent compared to [...]

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