Local Market News

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

Record September for BC Housing Markets

Posted on Oct 14, 2020

Record September for BC Housing Markets - BCREA October 14, 2020


Vancouver, BC – October 14, 2020. 
The British Columbia Real Estate Association (BCREA) reports that a total of 11,368 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September 2020, an increase of 63.3 per cent from September 2019. The average MLS® residential price in BC set a monthly record of $803,210, a 15.3 per...

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Housing market activity reaches historic levels in September

Posted on Oct 03, 2020

Fraser Valley Housing Market Report September 2020

SURREY, BC – Consumer demand for real estate in the Fraser Valley remained robust for the fourth consecutive month, with overall sales and new listings reaching record-breaking numbers in September.

The Fraser Valley Real Estate Board processed 2,231 sales on its Multiple Listing Service® (MLS®) in September, an increase of 66.1 per cent compared to...

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BC Housing Markets Heat Up as Summer Ends

Posted on Sep 14, 2020

BC Housing Markets Heat Up as Summer Ends - BCREA Report Sept 14, 2020


Vancouver, BC – September 14, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 10,172 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August 2020, an increase of 42.8 per cent from August 2019. The average MLS® residential price in BC was $771,309, a 12.7 per cent increase from $684...

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Sales and new listings continue to set records in the Fraser Valley

Posted on Sep 03, 2020

Fraser Valley Housing Market Statistics for August 2020

SURREY, BC – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) saw the second highest number of property sales and the highest number of new listings in August within the last two decades, when 2,298 sales were recorded in August 2005.

The FVREB processed a total of 2,039 sales in August, a decrease of 2.9 per cent compared to s...

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Surprisingly Strong Recovery to Propel Housing Market in 2021

Posted on Aug 26, 2020

BCREA 2020 Third Quarter Housing Forecast Update:

BCREA 2020 Third Quarter Housing Forecast Update: 

Vancouver, BC - August 25, 2020. The British Columbia Real Estate Association (BCREA) released its 2020 Third Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 6.5 per cent to 82,380 units this year, after recording 77,351 re...

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Strong Recovery Continues for BC Housing Markets

Posted on Aug 15, 2020

Strong Recovery Continues for BC Housing Markets

Aug 13, 2020
Vancouver, BC - August 13, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 10,090 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July 2020, an increase of 26.6 per cent from July 2019. The average MLS® residential price in BC was $770,810, a 12.9 per cent increase from...

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