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Market Stats - March 2024: March home sales growth off last month’s pace, but supply still building in the Fraser Valley

April 9th, 2024, Scott Williams

Posted in Market Stats ,

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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 Multiple Listings Service® (MLS®), a 13 per cent increase over February, but still 31 per cen ...

Market Stats - February 2024: Sales, listings continue to pick up heading into spring

March 12th, 2024, Scott Williams

Posted in Market Stats ,

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SURREY, BC – Home sales in the Fraser Valley posted a second consecutive bump in February as new listings continue to rise and trend slightly above the 10-year seasonal average. The Fraser Valley Real Estate Board recorded 1,235 transactions on its Multiple Listing Service® (MLS®) in February, a 32 per cent increase over January but still 21 per cent below the 10-year average for sales in th ...

9583 205 Street, Langley, British Columbia

March 4th, 2024, Scott Williams

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I just finished uploading this for sale, 9583 205 Street, Langley, British Columbia

107 20894 57 Avenue, Langely, British Columbia

March 3rd, 2024, Scott Williams

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I just finished uploading this for sale, 107 20894 57 Avenue, Langely, British Columbia

Market Stats - January 2024: Signs of stability in Fraser Valley housing market

February 28th, 2024, Scott Williams

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SURREY, BC – The Fraser Valley real estate market showed signs of recovery in January as home sales rose after six consecutive months of decline, and new listings more than doubled. The Fraser Valley Real Estate Board recorded 938 transactions on its Multiple Listing Service® (MLS®) in January, a 12 per cent increase over December and below the 10-year average for sales in the region. At 2, ...

Market Stats - December 2023: Fraser Valley closes out 2023 with lowest annual sales recorded in 10 years

January 15th, 2024, Scott Williams

Posted in Market Stats ,

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SURREY, BC – High interest rates kept a lid on sales and listings in the Fraser Valley in 2023, while holding year-over-year price growth to low single digits. The Fraser Valley region ended the year with 14,713 sales recorded on its Multiple Listing Service® (MLS®), a decline of four per cent over 2022 and 23 per cent below the 10-year average. New listings in the Fraser Valley were also at ...

Market Stats - November 2023: Home sales fall for fifth straight month in the Fraser Valley

December 6th, 2023, Scott Williams

Posted in Market Stats ,

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SURREY, BC – The Fraser Valley real estate market continues to cool heading into the holiday season as buyers and sellers maintain the holding pattern seen over the latter half of this year. The Fraser Valley Real Estate Board recorded 891 transactions on its Multiple Listing Service® (MLS®) in November, a drop of 8 per cent from the previous month, representing the 9th slowest November in a ...

Market Stats - October 2023: Fraser Valley Real Estate Market Weakens as Sales and Prices Continue to Edge Downward

November 3rd, 2023, Scott Williams

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SURREY, BC – Property sales and new listings in the Fraser Valley fell again in October as consumers continued to put home buying and selling decisions on hold in the face of elevated interest rates. The Fraser Valley Real Estate Board recorded 970 transactions on its Multiple Listing Service® (MLS®) in October, a drop of 12 per cent from the previous month and the fourth consecutive decreas ...

Market Stats - September 2023: Fraser Valley market balanced, as demand softens and prices edge lower

October 11th, 2023, Scott Williams

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SURREY, BC – Continued slowing sales and a healthy rise in new listings in September has brought the Fraser Valley housing market into balance. Three months of declining sales has seen Benchmark prices dip for a second straight month. 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 Aug ...

Market Stats - August 2023: Fraser Valley real estate sales dip in August; prices hold steady

September 6th, 2023, Scott Williams

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SURREY, BC – A combination of seasonal trends and cautious anticipation of the next rate announcement saw the Fraser Valley real estate market slow in August as sales fell slightly for the second month, after reaching a 15-month high in June. 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 ...

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