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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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 ...

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