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Local Market News

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

March home sales growth off last month’s pace, but supply still building in the Fraser Valley

Posted on Apr 04, 2024

Fraser Valley Housing Market Statistics March 2024
SURREY, BC –Home buyers in the Fraser Valley have more choice heading into the spring market with inventory levels for March at the highest they’ve been in the past five years.

However, March sales were slower than anticipated with 1,395 transactions recorded on the Fraser Valley Real Estate Board’s Multiple Listings Service® (MLS®), a 13 per cent i...

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Sales, listings continue to pick up heading into spring

Posted on Mar 05, 2024

Fraser Valley Housing Market Statistics February 2024
SURREY, BC – Home sales in the Fraser Valley posted a second consecutive bump in February as new listings continue to rise and trend slightly above the 10-year seasonal average.

The Fraser Valley Real Estate Board recorded 1,235 transactions on its Multiple Listing Service® (MLS®) in February, a 32 per cent increase over January but still 21 per cen...

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Signs of stability in Fraser Valley housing market

Posted on Feb 03, 2024

Fraser Valley Housing Market Statistics January 2024
SURREY, BC – The Fraser Valley real estate market showed signs of recovery in January as home sales rose after six consecutive months of decline, and new listings more than doubled.

The Fraser Valley Real Estate Board recorded 938 transactions on its Multiple Listing Service® (MLS®) in January, a 12 per cent increase over December and below the 10-y...

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Fraser Valley closes out 2023 with lowest annual sales recorded in 10 years

Posted on Jan 05, 2024

Fraser Valley Housing Market Statistics December 2023
SURREY, BC – High interest rates kept a lid on sales and listings in the Fraser Valley in 2023, while holding year-over-year price growth to low single digits.

The Fraser Valley region ended the year with 14,713 sales recorded on its Multiple Listing Service® (MLS®), a decline of four per cent over 2022 and 23 per cent below the 10-year average. New...

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Home sales fall for fifth straight month in the Fraser Valley

Posted on Dec 05, 2023

Fraser Valley Housing Market Statistics November 2023
SURREY, BC – The Fraser Valley real estate market continues to cool heading into the holiday season as buyers and sellers maintain the holding pattern seen over the latter half of this year.

The Fraser Valley Real Estate Board recorded 891 transactions on its Multiple Listing Service® (MLS®) in November, a drop of 8 per cent from the previous month...

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Fraser Valley Real Estate Market Weakens as Sales and Prices Continue to Edge Downward

Posted on Nov 03, 2023

Fraser Valley Housing Market Statistics - October 2023
SURREY, BC – Property sales and new listings in the Fraser Valley fell again in October as consumers continued to put home buying and selling decisions on hold in the face of elevated interest rates.

The Fraser Valley Real Estate Board recorded 970 transactions on its Multiple Listing Service® (MLS®) in October, a drop of 12 per cent from the previo...

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