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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.

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

Posted on Dec 03, 2022

Fraser Valley Housing Market Statistics November 2022
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 Valley Real Estate...

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

Posted on Nov 05, 2022

Fraser Valley Housing Market Statistics - October 2022
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 per cent decrease...

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Fraser Valley real estate market continues to stabilize heading into fall season

Posted on Oct 04, 2022

Fraser Valley Housing Market Statistics September 2022
SURREY, BC — Continued slowing sales and a slight rise in inventory in September combined to bring greater stability to the Fraser Valley housing market.

In September, the Fraser Valley Real Estate Board (FVREB) processed 897 sales on its Multiple Listing Service® (MLS®), a decrease of 11.8 per cent compared to last month and a 51.9 per cent decreas...

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Fraser Valley housing market signals further settling as sales continue to stall in response to interest rate rises

Posted on Sep 03, 2022

Fraser Valley Housing Market Statistics - August 2022
SURREY, BC – Robust active listings and relative steady sales activity continued to bring balance to the Fraser Valley real estate market in August. The past several months of rising inventory combined with a slowing trend in sales has also seen benchmark prices return to levels not seen since last year.

In August, the Fraser Valley Real Estate Boar...

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Sales slide for fourth straight month as rising interest rates put brakes on Fraser Valley real estate market

Posted on Aug 03, 2022

Fraser Valley Housing Market Statistics July 2022
SURREY, BC – The Fraser Valley real estate market saw sales fall again in July in the face of continued interest rate hikes, as the government struggles to bring inflation under control.

In July, the Fraser Valley Real Estate Board (FVREB) processed 993 sales on its Multiple Listing Service® (MLS®), a decrease of 22.5 per cent from the previous mont...

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Fraser Valley housing market continues to cool amid slower sales, softer prices

Posted on Jul 06, 2022

Fraser Valley Real Estate Board Market Statistics June 2022
SURREY, BC – Overall sales in the Fraser Valley fell for the third straight month as prices for all property types continued to soften, bringing greater balance to the region’s real estate market.

In June, the Board processed 1,281 sales on its Multiple Listing Service® (MLS®), a decrease of 5.8 per cent compared to May and a 43 per cent decrease co...

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