OVERVIEW Inventory has continued to increase with more sellers listing their homes for sale in May. Bank of Canada reduced their policy rate by .25%. All of this is positive for the market combining healthy inventory and more options for buyers. Sales however were slower than expected which has pushed inventory levels higher for the […]

So… this month’s market analysis is pretty interesting. Highlights? Total inventory increased in the Fraser Valley – which gives buyers even more options. Inventory is at its highest levels in the Fraser Valley  than in the past 5 years (for March). This is good news for buyers! Benchmark prices are up approximately 4.6% compared to […]

Could it be an early Spring Market? What does the Real Estate GroundHog have in store for us this year? Overall, the HPI Benchmark prices were up year-over-year and month-over-month in the Fraser Valley and in the City of Surrey in each category of housing (Detached, Townhome & Apartments). Abbotsford also saw price gains month-over-month. […]

Here is the January 2024 market overview. Starting this month I’ve incorporated more of the changes you have been asking for! You will find an overview for the Fraser Valley as a whole and a separate breakout for the City of Surrey. Hope you like the change. Overall, benchmark prices are up 5% year-over-year but […]