Demand diversifies for Fraser Valley real estate in January

Tom Ireland • February 3, 2017

Fraser Valley real estate kicked-off the New Year strong with sales reaching above the ten-year average for January, and a healthy intake of new inventory. The post Demand diversifies for Fraser Valley real estate in January appeared first on Andy Schildhorn, PREC.

JANUARY MARKET  STATS  ARE OUT!

Fraser Valley real estate kicked-off the New Year strong with sales reaching above the ten-year average for January, and a healthy intake of new inventory.

Here’s a little breakdown:

– January sales were down 27.1% from the same month a year before
– There were 13.2% fewer homes listed than the previous year
– The benchmark price for a single-family detached home was $856,300

Give me a call if you have any questions!

🏡 Fraser Valley market shows early bloom with February sales lift 📉

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.

☀️💼 Explore summer student job opportunities 🎓

By Andy Schildhorn • March 1, 2026
The Township of Langley Traffic Cameras for up-to-date traffic information. Click here

💰 ‘Simply broken’: Falling home prices starting to bite Canada’s economy, says CIBC 🏦

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
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