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Cool summer market persists in Fraser Valley with second slowest July sales in a decade

August 3, 2024

SURREY, BC — Sluggish seasonally-adjusted sales and a continued rise in inventory has the Fraser Valley market slowly shifting to favour buyers. The Fraser Valley Real Estate Board recorded 1,230 sales in July, down by seven per cent over last month and down by 26 per cent over the 10-year seasonal ...

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Fraser Valley home sales fall despite Bank of Canada rate cut

July 5, 2024

  SURREY, BC — The policy rate cut of 25 basis points by the Bank of Canada on June 5 was not enough to rally home sales in the Fraser Valley last month. The Fraser Valley Real Estate Board recorded 1,317 sales in June, down by 13 per cent over ...

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Spring inventory continues to build in the Fraser Valley to levels not seen in nearly five years

June 5, 2024

Having trouble viewing the images? CLICK HERE. Spring inventory continues to build in the Fraser Valley to levels not seen in nearly five years   SURREY, BC — Slower seasonal sales helped build inventory to its highest level since September 2019 in the Fraser Valley in May, creating more balanced market ...

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March home sales growth off last month’s pace, but supply still building in the Fraser Valley

April 5, 2024

  SURREY, BC – Home buyers in the Fraser Valley have more choice heading into the spring market with inventory levels for March at the highest they’ve been in the past five years. However, March sales were slower than anticipated with 1,395 transactions recorded on the Fraser Valley Real Estate Board’s ...

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