Local Market News

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

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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Sales and new listings reach near record-setting numbers in the Fraser Valley

Posted on Aug 06, 2020

Fraser Valley Housing Market Statistics July 2020

August 5, 2020
SURREY, BC – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) saw the second-highest number of both property sales and new listings ever recorded in July.

The FVREB processed a total of 2,100 sales in July, an increase of 22.2 per cent compared to sales in June and an increase of 44 per cent compared to the 1,458...

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BC Housing Markets Bounce Back in June

Posted on Jul 14, 2020

BC Housing Markets Bounce Back in June

Jul 14, 2020
Vancouver, BC - July 14, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 8,166 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2020, an increase of 16.9 per cent from June 2019. The average MLS® residential price in BC was $748,155, a 9.1 per cent increase from $685...

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