Sonny Bhinder Real Estate Team | Top Real Estate Agents

Housing Market Statistics - February 2023

Posted on Mar 06, 2023 in Housing Market Statistics

SURREY, BC — House prices in the Fraser Valley posted a slight but positive bump in February after nearly a year of month-overmonth decreases. Similarly, sales, though still trending lower than normal, also recorded their first monthly gain since October.

The Fraser Valley Real Estate Board (FVREB) processed 898 sales on its Multiple Listing Service...

Housing Market Statistics - January 2023

Posted on Feb 10, 2023 in Housing Market Statistics

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 cent compared to last month and down by 52.2 per cent compared to this time last year. The last time January sales were this low was in...

Housing Market Statistics - December 2022

Posted on Jan 05, 2023 in Housing Market Statistics

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 Fraser Valley Real Estate Board (FVREB) processed 716 sales on its Multiple Lis...

Housing Market Statistics - October 2022

Posted on Nov 10, 2022 in Housing Market Statistics

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...

Housing Market Statistics - September 2022

Posted on Oct 07, 2022 in Housing Market Statistics

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®), a decrease of 11.8 per cent compared to last month and a 51.9 per cent decrease...

Housing Market Statistics - June 2022

Posted on Jul 08, 2022 in Housing Market Statistics

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...