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RE/MAX Treeland Realty, #101 6337 198 Street Langley, BC V2Y 2E3

Elelvation Real Estate Group

January 2025

New listings at 10-year high in 2024, but affordability still the elephant in the room in Fraser Valley

Posted on Jan 06, 2025

Fraser Valley Housing Market Statistics December 2024
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 in annual sales.

The Fraser Valley Real Estate Board reported new listings of 35,698 for the year ended December 31, 2024, a 10-year high and nine per cent above t...

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