fraser valley market statistics

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

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 the number of […]

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

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 […]

Fraser Valley market sees typical spring increase in March sales

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 to sales in […]

Inventory rises and apartment sales take lead during modest January market

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 compared to the 1,210 […]

Fraser Valley Market Update

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 the lowest total sales […]

Fraser Valley Market Stays Quiet Through November

Via the Fraser Valley Real Estate Board 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 […]

October brings slight bump to sales for Fraser Valley

via the Fraser Valley Real Estate Board 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 […]

Your Fraser Valley Market Update

Housing supply ample as buyers remain hesitant in September 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 […]

5 Myths About Selling Your Home in Fall (and where to get started)

Fall is almost here. The kids are back in school, routines are underway, and that distinct, unmistakable autumn chill is in the air every morning. There’s still a few beautiful weekends left yet to enjoy time outdoors, and the holidays are still on the distant horizon (phew). Overall, it’s simply a great time of year. […]

Fraser Valley Market Activity in August, 2018

SURREY, BC – Market activity declined further in August with sales dropping to their lowest level this year. The Fraser Valley Real Estate Board processed 1,155 sales of all property types on its Multiple Listing Service® (MLS®) in August, a decrease of 38.5 per cent compared to the 1,879 sales in August of last year, […]