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

September 3, 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 ...

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

August 3, 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 ...

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

July 5, 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 ...

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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 ...

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