Local Market News

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

Property sales in the Fraser Valley more than double in one month as buyers return to the market

Posted on Jul 03, 2020

Property sales in the Fraser Valley more than double in one month as buyers return to the market

SURREY, BC – The Fraser Valley real estate market saw a resurgence in activity in June as the industry and consumers continue to successfully adapt to doing business during a pandemic.

The Fraser Valley Real Estate Board (FVREB) processed a total of 1,718 sales on its Multiple Listing Service® (MLS®) in June, an increase of 113.4 per cent compared t...

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BC Homes Sales to Post Strong Recovery in 2021

Posted on Jun 11, 2020

BC Homes Sales to Post Strong Recovery in 2021

BCREA 2020 Second Quarter Housing Forecast: 

BC Homes Sales to Post Strong Recovery in 2021

Jun 10, 2020
Vancouver, BC - June 10, 2020. The British Columbia Real Estate Association (BCREA) released its 2020 Second Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 21 per cent to app...

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Housing market activity picks up in the Fraser Valley as buyers and sellers adapt to the new environment

Posted on Jun 03, 2020


Fraser Valley Real Estate - Market Report May 2020

SURREY, BC – In May, Fraser Valley listings and property sales started to bounce back as REALTORS® helped their clients adjust to the new, necessary safety measures required to buy and sell a home during the provincial state of emergency due to COVID-19.

The Fraser Valley Real Estate Board (FVREB) processed a total of 805 sales on its Multiple Listi...

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Housing Market Slows, but Resilient in Response to Pandemic

Posted on May 13, 2020

BC Real Estate - Market Update April 2020


Vancouver, BC - May 13, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 3,284 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April 2020, a decline of 50.8 per cent from April 2019. The average MLS® residential price in BC was $737,834, a 7.8 per cent increase from $684,430 recorded...

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Fraser Valley real estate market contracts and adapts in response to public health measures to mitigate COVID-19

Posted on May 05, 2020

Fraser Valley real estate market report for April 2020

May 4, 2020

SURREY, BC – As anticipated, real estate activity saw a steep decline last month in response to the pandemic lockdown, resulting in one of the slowest Aprils in Fraser Valley history.

The Fraser Valley Real Estate Board (FVREB) processed a total of 688 sales on its Multiple Listing Service® (MLS®) in April, a decrease of 52 per cent compa...

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Is It Different This Time? Recessions and the BC Housing Market Summary Findings:

Posted on Apr 21, 2020

Is It Different This Time? Recessions and the BC Housing Market Summary Findings

April 20, 2020
BCREA Market Intelligence Reports

Summary Findings:


  • The 2020 COVID-19 driven recession will be deep, though the duration may be shorter than past recessions
  • We expect that home sales will post an initial sharp decline as households and the real estate sector adhere to social distancing
  • As measures implemented to mitigate the spread of COV...

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