News

OCTOBER 2023 STATISTICAL UPDATE

Posted on Nov 22, 2023







The Fraser Valley Real Estate Board recorded 970 transactions on its Multiple Listing Service® (MLS®) in October, a drop of 12 percent from the previous month and the fourth consecutive decrease since the 12- month high of 1,935 sales recorded in June. 

At 2,535, new listings also fell again, decreasing by 11 per cent from September and by 28 percent...

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SEPTEMBER 2023 STATISTICAL UPDATE

Posted on Oct 04, 2023







The Fraser Valley Real Estate Board recorded 1,100 sales on its Multiple Listing Service® (MLS®) in September 2023, a decrease of 13.6 per cent compared to August. Sales were up 22.6 per cent compared to September 2022. 

New listings rose to 2,860 in September, an increase of 9.1 per cent over last month, and 25.8 per cent above this time last year...

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AUGUST 2023 STATISTICAL UPDATE

Posted on Sep 05, 2023







The Fraser Valley Real Estate Board recorded 1,273 sales on its Multiple Listing Service (MLS®) in August 2023, a decrease of 6.9 per cent compared to July. Sales were up 25.2 per cent compared to August 2022. 

New listings dropped to 2,622 in August, a decrease of 8.2 per cent over last month, but 28.2 per cent above this time last year. Active list...

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JULY 2023 STATISTICAL UPDATE

Posted on Aug 02, 2023






The Fraser Valley Real Estate Board processed 1,368 sales in July on its Multiple Listing Service® (MLS®), a decrease of 29.3 per cent below June, but still 37.8 per cent above July 2022. 

July new listings, at 2,855, were also down by 16.6 per cent compared to last month but 19.7 per cent higher than July 2022 levels, and virtually on par with the t...

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JUNE 2023 STATISTICAL UPDATE

Posted on Jul 05, 2023






In June, the Fraser Valley Real Estate Board (FVREB) processed 1,935 sales on its Multiple Listing Service® (MLS®), an increase of 51.1 percent compared to June 2022 and a 13.1 percent increase compared to May.   

“As seen in recent months, prices continue to trend upward, with lack of supply and high demand for housing,“ said Narinder Bains, Chair of...

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MAY 2023 STATISTICAL UPDATE

Posted on Jun 02, 2023







The Fraser Valley real estate market saw an injection of supply in May as new listings surged by more than 40 percent over April. 

At 3,533, new listings were just below May 2022 levels (3,631) but slightly higher (2.7 percent) than the ten-year average for the region. A welcome trend towards alleviating housing supply issues.  

“Typically we would see...

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