Local Market News

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

Strong December Home Sales Close Out an Unprecedented Year

Posted on Jan 14, 2021

BCREA December 2020 Market Report - Strong December Home Sales Close Out an Unprecedented Year
Jan 13, 2021
Vancouver, BC – January 13, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 93,953 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2020, an increase of 21.5 per cent from the 77,350 units sold in 2019. The annual average MLS® residential price in BC was $782,027, an 11.7...

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Record-shattering December caps unexpected year in Fraser Valley real estate

Posted on Jan 06, 2021

Record-shattering December caps unexpected year in Fraser Valley real estate

SURREY, BC – In a year when the real estate market was at a standstill for months due to COVID-19, total annual sales in the Fraser Valley still finished 12.4 per cent above the 10-year average due to unrelenting, pent-up consumer demand during the second half of 2020.

In December, the Board’s Multiple Listing Service® (MLS®) processed a staggering...

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Unrelenting demand for Fraser Valley detached and townhomes continued in November

Posted on Dec 04, 2020


SURREY, BC – For the fifth consecutive month, demand for real estate in the Fraser Valley showed no signs of waning. Overall property sales for the month of November again set a new Board record. Sales records were also broken in September and October; and since July, all activity including new listings, has continued to be inordinately high.

The F...

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BC Housing Market Continues Record Pace in October

Posted on Nov 13, 2020

BC Housing Market Continues Record Pace in October

Nov 12, 2020


Vancouver, BC – November 12, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 11,051 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October 2020, an increase of 43.8 per cent from October 2019. The average MLS® residential price in BC set a record of $812,960, a 12.5 per...

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Sales volumes remain exceptional in the Fraser Valley

Posted on Nov 05, 2020


SURREY, BC – Ongoing demand for Fraser Valley real estate saw overall sales reach the highest point for the month of October in the Board’s history. This is the fourth consecutive month of record-breaking or near-record activity for sales and new listings in the region.

The Fraser Valley Real Estate Board processed 2,370 sales of all property types...

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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 c...

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