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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.

MLS® sales in the Fraser Valley remained strong in October while supply continued to diminish

Posted on Nov 03, 2021

Fraser Valley Housing Market - October 2021 Statistics
SURREY, BC – Demand for Fraser Valley real estate remained solid in October with overall sales the third highest on record.

The Board processed a total of 1,938 property sales on its Multiple Listing Service® (MLS®) in October, an increase of 3.9 per cent compared to September and a decrease of 18.2 per cent compared to the same month last year.

Larr...

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Positive start to fall market; new listings increase, sales soften

Posted on Oct 05, 2021

Fraser Valley Housing Market Statistics for September 2021
SURREY, BC – Demand for Fraser Valley real estate remained robust in September. While overall sales decreased compared to August, total sales reached the second‐highest levels for the month of September in the 100‐year history of the Board.

The Board processed a total of 1,866 property sales on its Multiple Listing Service® (MLS®) in September, a de...

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A market of extremes: near record sales in August combined with lowest supply in four decades

Posted on Sep 03, 2021

Fraser Valley Housing Market Statistics - August 2021
SURREY, BC – Demand for Fraser Valley real estate remained elevated in August reaching the second highest sales ever for the month against a backdrop of decreasing supply.


The Board processed a total of 2,087 property sales on its Multiple Listing Service® (MLS®) in August, an increase of 4.0 per cent compared to July and a 2.4 per cent increase com...

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Fraser Valley home sales remained steady in July; lowest supply in forty years

Posted on Aug 05, 2021

Fraser Valley Housing Market Statistics July 2021
SURREY, BC – Market activity in the Fraser Valley – both sales and new listings – softened in July, however buyers continued to significantly outnumber sellers resulting in inventory reaching the lowest for the month since 1981.


The Board processed a total of 2,006 property sales on its Multiple Listing Service® (MLS®) in July, a decrease of 11 per...

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Mirroring the weather, Fraser Valley’s hot housing market cooled slightly in June going from a boil to a simmer

Posted on Jul 05, 2021

Fraser Valley Housing Market Statistics for June 2021
SURREY, BC – Sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) remained robust in June however, for the first time since last September, monthly sales did not break a historical record.


In June, the Board processed 2,247 sales on its MLS®, a decrease of 24 per cent compared to May and a 31 per cent increase compared to...

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Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand

Posted on Jun 02, 2021

Fraser Valley Housing Market Statistics for May 2021
SURREY, BC – Fraser Valley’s extraordinary pandemic real estate market continued to break sales records – for the ninth consecutive month – while at the same time, reaching near-historic levels of new listings in May.


In May, the Fraser Valley Real Estate Board (FVREB) processed 2,951 sales on its Multiple Listing Service® (MLS®), an increase of 267...

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