Home prices soften as Fraser Valley housing market cools amid lower sales and higher inventory

June 3, 2022

  SURREY, BC – As property sales continue to fall in the Fraser Valley and active listings continue to grow, the region is edging towards more balanced levels not seen since the pre-pandemic period.   Sales of all property types in May were 1,360, down 16.9 per cent from April’s ...

Continue Reading

Fraser Valley sales dip below 10-year average for first time in nearly two years

May 3, 2022

  SURREY, BC – Property sales in the Fraser Valley decreased by over 35 per cent in April 2022 compared to the previous month, and while the figure is still the sixth-highest April on record for the past ten years, it marks the first time monthly sales have fallen below ...

Continue Reading

Continued growth in new listings a hopeful sign for home buyers in the Fraser Valley

April 5, 2022

  SURREY, BC – For the third consecutive month, new listings in the Fraser Valley continued to climb in March giving buyers more to choose from, helping to increase overall active inventory to levels not seen since last July.   Property sales remain robust, as Benchmark prices, the price of ...

Continue Reading

FVREB posts record volume of new listings in February

March 2, 2022

  SURREY, BC – Buyers of Fraser Valley real estate had significantly more inventory to choose from last month due to a record-breaking volume of new listings received for the month of February.   The Fraser Valley Real Estate Board (FVREB) received 3,742 new listings in February, an increase of ...

Continue Reading