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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.

Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand

Posted on Jun 02, 2021

Fraser Valley Housing Market Statistics for May 2021
SURREY, BC – Fraser Valley’s extraordinary pandemic real estate market continued to break sales records – for the ninth consecutive month – while at the same time, reaching near-historic levels of new listings in May.


In May, the Fraser Valley Real Estate Board (FVREB) processed 2,951 sales on its Multiple Listing Service® (MLS®), an increase of 267...

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Monthly sales and new listings in the Fraser Valley continue blistering pace; surge in inventory starting to calm prices

Posted on May 05, 2021

Fraser Valley Real Estate Board - Housing Market April 2021

SURREY, BC – For the eighth consecutive month, Fraser Valley real estate saw record-breaking sales with April topping the previous monthly high set in 2016. The 2020/2021 pandemic seller’s market in the Fraser Valley has now surpassed the previous longest stretch of seven consecutive, record-breaking months, last set in 2015/2016.

In April, the Fras...

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BCREA 2021 Second Quarter Housing Forecast: Provincial Housing Market on a Record-Setting Pace

Posted on May 05, 2021

BCREA 2021 Second Quarter Housing Forecast: Provincial Housing Market on a Record-Setting Pace

Vancouver, BC - May 5, 2021. The British Columbia Real Estate Association (BCREA) released its 2021 Second Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 33.6 per cent to 125,600 units this year, after recording 94,013 sales in 2020. In 2022, MLS® residential sales are forecast...

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Record-Setting Month for BC Homes Sales

Posted on Apr 13, 2021

BCREA - March 2021 - Record-Setting Month for BC Homes Sales

Vancouver, BC - April 13, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 15,073 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March 2021, an increase of 123.3 per cent over March 2020 and a new all-time record for monthly BC home sales. The average MLS® residential price in BC wa...

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March shatters monthly sales and new listings records in the Fraser Valley

Posted on Apr 06, 2021

Fraser Valley Housing Market Statistics for March 2021
SURREY, BC – Fraser Valley real estate hit two historical highs in March, setting records for both sales and new listings processed in one month since the Fraser Valley Real Estate Board’s (FVREB) inception in 1921.


In March, the FVREB processed 3,329 residential and commercial sales on its Multiple Listing Service® (MLS®), an increase of 131 per ce...

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BC Housing Market Continues at a Record Pace

Posted on Mar 11, 2021

BC Housing Market Continues at a Record Pace
Vancouver, BC - March 11, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 10,918 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February 2021, an increase of 89.1 per cent over February 2020 and over a thousand sales higher than the previous February record, set in 2016. The averag...

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