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Local Market News

Get all the latest news and market updates here – Fraser Valley housing market statistics and BC real estate market updates.

Estimating the Impacts of the Speculation and Vacancy Tax

Posted on Mar 07, 2020

Estimated Impact of the BC Speculation and Vacancy Tax


BCREA Market Intelligence Report


Mar 02, 2020

The latest BCREA Market Intelligence Report: Estimating the Impacts of the Speculation and Vacancy Tax estimates the Speculation and Vacancy tax reduced home sales in taxable regions in BC by an additional 12.5 per cent compared to non-taxable regions. Click here to read the full report.

Summary Findings:

W...

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February home sales outpace new listings in Fraser Valley

Posted on Mar 04, 2020

February home sales outpace new listings in Fraser Valley

SURREY, BC – In February, property sales in the Fraser Valley finished slightly above the 10-year average for the month, while new listings came in 3 per cent below, keeping overall inventory at historically below-average levels.

The Fraser Valley Real Estate Board processed 1,352 sales of all property types on its Multiple Listing Service® (MLS®) i...

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Fraser Valley January home sales typical; new listings lagging

Posted on Feb 05, 2020


SURREY, BC – January’s property sales in the Fraser Valley came in 6 per cent above the 10-year average for the month, while new listings finished 11 per cent below historical norms.

The Fraser Valley Real Estate Board processed 974 sales of all property types on its Multiple Listing Service® (MLS®) in January, a 21.9 per cent decrease compared to s...

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Strong finish for mediocre year in Fraser Valley real estate

Posted on Jan 04, 2020



SURREY, BC – After a sluggish first half of the year, property sales in the Fraser Valley started picking up speed in the summer and finished strong in December, but not enough to surpass last year’s sales totals.

The Board’s Multiple Listing Service® (MLS®) processed 15,487 sales in 2019, a 0.6 per cent decrease compared to 2018’s 15,586 sales and...

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Unusual end-of-year demand for Fraser Valley real estate

Posted on Dec 04, 2019



SURREY, BC – A combination of unseasonably high demand and declining supply reinforced Fraser Valley’s real estate market in November.

The Fraser Valley Real Estate Board processed 1,405 sales of all property types on its Multiple Listing Service® (MLS®) in November, an 11.7 per cent decrease compared to sales in October 2019, and a 36.7 per cent in...

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Real estate rebound continues for Fraser Valley

Posted on Nov 05, 2019

Real estate rebound continues for Fraser Valley
SURREY, BC – The demand for Fraser Valley real estate is the strongest it’s been since the spring of 2018.

The Fraser Valley Real Estate Board processed 1,592 sales of all property types on its Multiple Listing Service® (MLS®) in October, an 18.5 per cent increase compared to sales in September 2019, and a 37.8 per cent increase compared to the 1,15...

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