Fraser Valley Housing Market – April 2023

Spring sales hold steady in Fraser Valley real estate market SURREY, BC — Despite persistent inventory shortfalls, housing sales in the Fraser Valley remained steady in April as buyers took advantage of the continued pause in interest rate hikes. In April, the Fraser Valley Real Estate Board (FVREB) processed 1,554 sales on its Multiple Listing Service® [...]

By |2023-05-03T22:47:00+00:00May 3rd, 2023|Market Updates|Comments Off on Fraser Valley Housing Market – April 2023

Fraser Valley Housing Market – March 2023

Momentum continues to build in the Fraser Valley real estate market SURREY, BC — March 2023 saw the second consecutive month of growth in sales in the Fraser Valley, and although still below seasonal norms, the trend is an encouraging sign that the region continues to head towards increased market stability. At 1,550, property sales posted [...]

By |2023-09-11T17:39:34+00:00April 5th, 2023|Market Updates|Comments Off on Fraser Valley Housing Market – March 2023

Fraser Valley Housing Market – January 2023

Fraser Valley real estate sales record slowest annual start in ten years; January new listings lowest in over thirty years SURREY, BC — The downward trend in Fraser Valley real estate sales continued in January as further interest rate hikes kept buyers sidelined. With 626 transactions processed on the MLS®, sales were off by 12.6 per [...]

By |2023-09-11T17:40:08+00:00February 3rd, 2023|Market Updates|Comments Off on Fraser Valley Housing Market – January 2023

Fraser Valley Housing Market – December 2022

Fraser Valley real estate market 2022 — highs, lows, and a return to balance SURREY, BC — In a year that saw prices peak early on, feeding off the momentum of record-breaking sales in 2021, the Fraser Valley real estate market came back down to earth by the close of 2022, due largely to interest rate [...]

By |2023-01-05T22:36:28+00:00January 5th, 2023|Articles, Market Updates|Comments Off on Fraser Valley Housing Market – December 2022

Fraser Valley Housing Market – November 2022

New listings lag as Fraser Valley real estate market sees third month of declining sales SURREY, BC — With sales down almost seven per cent from October, and new listings off by more than 20 per cent, the Fraser Valley housing market continues its slowing trend heading into the holiday season. Despite the market slowdown, opportunities [...]

By |2022-12-07T22:16:58+00:00December 7th, 2022|Market Updates, News|Comments Off on Fraser Valley Housing Market – November 2022

Fraser Valley Housing Market – October 2022

Housing prices remain soft, sales flat, throughout the Fraser Valley SURREY, BC — Fraser Valley housing market sales for October remained relatively unchanged from last month as prices dipped slightly across all categories. In October, the Fraser Valley Real Estate Board (FVREB) processed 901 sales on its Multiple Listing Service® (MLS®), an increase of 0.4 per [...]

By |2022-11-02T21:17:43+00:00November 2nd, 2022|Market Updates, Uncategorized|Comments Off on Fraser Valley Housing Market – October 2022

Fraser Valley Housing Market – September 2022

Fraser Valley real estate market continues to stabilize heading into fall season SURREY, BC — Continued slowing sales and a slight rise in inventory in September combined to bring greater stability to the Fraser Valley housing market. In September, the Fraser Valley Real Estate Board (FVREB) processed 897 sales on its Multiple Listing Service® (MLS®), [...]

By |2022-10-05T21:11:04+00:00October 5th, 2022|Market Updates, Uncategorized|Comments Off on Fraser Valley Housing Market – September 2022

Fraser Valley Housing Market – August 2022

Fraser Valley housing market signals further settling as sales continue to stall in response to interest rate rises SURREY, BC — Robust active listings and relative steady sales activity continued to bring balance to the Fraser Valley real estate market in August. The past several months of rising inventory combined with a slowing trend in sales [...]

By |2022-09-07T21:32:33+00:00September 7th, 2022|Market Updates, News|Comments Off on Fraser Valley Housing Market – August 2022

Fraser Valley Housing Market – July 2022

Sales slide for fourth straight month as rising interest rates put brakes on Fraser Valley real estate market SURREY, BC – The Fraser Valley real estate market saw sales fall again in July in the face of continued interest rate hikes, as the government struggles to bring inflation under control. In July, the Fraser Valley Real [...]

By |2022-08-08T01:33:52+00:00August 8th, 2022|Market Updates|Comments Off on Fraser Valley Housing Market – July 2022

Fraser Valley Housing Market – June 2022

Fraser Valley housing market continues to cool amid slower sales, softer prices SURREY, BC –Overall sales in the Fraser Valley fell for the third straight month as prices for all property types continued to soften, bringing greater balance to the region’s real estate market. In June, the Board processed 1,281 sales on its Multiple Listing Service® [...]

By |2022-07-06T17:44:40+00:00July 6th, 2022|Market Updates|Comments Off on Fraser Valley Housing Market – June 2022
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