Local Market News

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

Another month, another record for property sales in the Fraser Valley

Posted on Mar 03, 2021

SURREY, BC – For the sixth consecutive month, Fraser Valley’s real estate market experienced property sales at levels never seen before in the 100-year history of the Fraser Valley Real Estate Board (FVREB).

In February, the FVREB processed a total of 2,815 sales on its Multiple Listing Service® (MLS®), an increase of 108 per cent compared to Februa...

A Record-Setting Start to 2021

Posted on Feb 11, 2021

Vancouver, BC – February 11, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 7,169 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January 2021, an increase of 63.3 per cent over January 2020 and over a thousand sales higher than the previous record for the month of January. The ave...

Fraser Valley real estate market full steam ahead in January; another record-setter for property sales

Posted on Feb 03, 2021

SURREY, BC – In a month that is usually one of the quietest in real estate, Fraser Valley’s market continued at a breakneck pace, producing the strongest January sales on record as well as a modest uptick in new listings.

The Fraser Valley Real Estate Board processed a total of 1,718 sales of all property types on its Multiple Listing Service® (MLS®...

Strong December Home Sales Close Out an Unprecedented Year

Posted on Jan 14, 2021

Jan 13, 2021

Vancouver, BC – January 13, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 93,953 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2020, an increase of 21.5 per cent from the 77,350 units sold in 2019. The annual average MLS® residential price in BC was $782,027, an 11.7...

Record-shattering December caps unexpected year in Fraser Valley real estate

Posted on Jan 06, 2021

SURREY, BC – In a year when the real estate market was at a standstill for months due to COVID-19, total annual sales in the Fraser Valley still finished 12.4 per cent above the 10-year average due to unrelenting, pent-up consumer demand during the second half of 2020.

In December, the Board’s Multiple Listing Service® (MLS®) processed a staggering...

Unrelenting demand for Fraser Valley detached and townhomes continued in November

Posted on Dec 04, 2020

SURREY, BC – For the fifth consecutive month, demand for real estate in the Fraser Valley showed no signs of waning. Overall property sales for the month of November again set a new Board record. Sales records were also broken in September and October; and since July, all activity including new listings, has continued to be inordinately high.

The F...

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Elelvation Real Estate Group

Local Market News

Another month, another record for property sales in the Fraser Valley

A Record-Setting Start to 2021

Fraser Valley real estate market full steam ahead in January; another record-setter for property sales

Strong December Home Sales Close Out an Unprecedented Year

Record-shattering December caps unexpected year in Fraser Valley real estate

Unrelenting demand for Fraser Valley detached and townhomes continued in November