FVREB Statistics Package - December 2022

Posted on Jan 06, 2023 in Market Stats

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 increases designed to stave off inflation.

The Fra...

FVREB Statistics Package - November 2022

Posted on Dec 02, 2022 in Market Stats

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 are available...

Housing prices remain soft, sales flat, throughout the Fraser Valley

Posted on Nov 03, 2022 in Market Stats

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 cent compared to last month and a 53.5 per cent decrease...

Fraser Valley housing market continues to cool amid slower sales, softer prices

Posted on Jul 06, 2022 in Market Stats

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® (MLS®), a decrease of 5.8 per cent compared to May and a 43 per cent decrease co...

Home prices soften as Fraser Valley housing market cools amid lower sales and higher inventory

Posted on Jun 03, 2022 in Market Stats

SURREY BC- As property sales continue to fall in the Fraser Valley and active listings continue to grow, the region is edging towards more balanced levels not seen since the pre-pandemic period.

Sales of all property types in May were 1,360, down 16.9 per cent from April's 1,637; and down 53.9 per cent compared to May of 2021.

At the same time, activ...

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

Posted on Oct 04, 2021 in Market Stats

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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