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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 ...
Continue ReadingHome 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 ReadingFraser 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 ReadingContinued 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 ...
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