Hot market in Fraser Valley

Kristi Wong • April 7, 2016

It seems that the Fraser Valley market is trying to match its speed and growth with the Vancouver market. According to this article: The benchmark price of a detached house in the Valley hit $741,000 in March – up 26 per cent from $588,500 a year ago. That’s a significant acceleration from last October, when the […] The post Hot market in Fraser Valley appeared first on Andy Schildhorn, PREC.

It seems that the Fraser Valley market is trying to match its speed and growth with the Vancouver market. According to this article:

The benchmark price of a detached house in the Valley hit $741,000 in March – up 26 per cent from $588,500 a year ago.

That’s a significant acceleration from last October, when the benchmark price was almost $100,000 lower at $649,200 and the gain for the previous 12 months was a mere 13 per cent.

By Andy Schildhorn March 3, 2026
SURREY, BC – The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing over January, but continuing to trail typical levels for this time of year. The Fraser Valley Real Estate Board recorded 843 sales on its Multiple Listing Service® (MLS®) in February, a 36 per cent increase from January, but 38 per cent below the ten-year seasonal average. New listings declined nine per cent in February to 2,796, suggesting some sellers are choosing to wait amid competitive inventory levels, and may be positioning their homes for the peak of the spring market.
By Andy Schildhorn March 1, 2026
The Township of Langley Traffic Cameras for up-to-date traffic information. Click here
By Andy Schildhorn March 1, 2026
The economics of building new homes in Canada are now "simply broken," sparking a macroeconomic drag that CIBC economists warn is just beginning to take hold. 👉 Details Here
More Posts