Your #1 Agent in all of RE/MAX in the Fraser Valley & Chilliwack *2016-2021 RE/MAX
TOP 1% of REALTORSĀ® Canada wide *2016-2021 REP

Buying and Selling Real Estate Blog

Selling Unique BC Properties

November 2022 Fraser Valley Market Stats

November 2022 Fraser Valley Market StatsPosted by Jonas Wilson on December 5, 2022
  New Listings Lag as Fraser Valley Real Estate Market Sees Third Month of Declining Sales   With sales down from October, the Fraser Valley housing market continues its downward trend ...

read more »

October 2022 Fraser Valley Market Stats

October 2022 Fraser Valley Market StatsPosted by Jonas Wilson on November 2, 2022
Housing prices remain soft, sales flat, throughout the Fraser Valley Fraser Valley housing market sales for October remained relatively unchanged from last month as prices dipped slightly across al...

read more »

Housing Affordability in Canada with the the Chief Economists for CIBC. - From the Canadian RE/MAX Conference

Housing Affordability in Canada with the the Chief Economists for CIBC. - From the Canadian RE/MAX Conference Posted by Brad Fry on October 28, 2022
During the recent Canadian Remax conference in Quebec city we heard a presentation from CIBC chief economists Benjamin Tal & Tracey Best, regarding the Outlook of the economy and real estate ...

read more »

September 2022 Fraser Valley Market Stats

September 2022 Fraser Valley Market StatsPosted by Jonas Wilson on October 6, 2022
Fraser Valley Real Estate Market Continues to Stabilize Heading Into Fall Season!   This September, the Fraser Valley Real Estate Board (FVREB) processed 897 sales on its Multiple Listing Ser...

read more »

August 2022 Fraser Valley Market Stats

August 2022 Fraser Valley Market StatsPosted by Jonas Wilson on September 6, 2022
In August, the Fraser Valley Real Estate Board (FVREB) processed 1,017 sales on its Multiple Listing Service® (MLS®), an increase of 2.4 per cent compared to last month and a 51.3 per cent d...

read more »

Fraser Valley Stats for July 2022

Fraser Valley Stats for July 2022Posted by Brad Fry on August 5, 2022
  As interest rates continue to rise, the Fraser Valley Real Estate Market sales drop for the 4th month in a row! In July there was a decrease in sales of 22.5% from June & a 50.5% drop f...

read more »

June 2022 Fraser Valley Market Stats

June 2022 Fraser Valley Market StatsPosted by Brad Fry on July 6, 2022
    For the third straight month, overall sales in the Fraser Valley fell as prices for all property types continued to soften, bringing greater balance to the region’s real est...

read more »

May 2022 Fraser Valley Market Stats

May 2022 Fraser Valley Market StatsPosted by Brad Fry on June 2, 2022
    Property sales continue to fall in the Fraser Valley and active listings continue to grow, as the region edges more towards balanced levels not seen since the pre-pandemic period. ...

read more »

April 2022 Fraser Valley Market Stats

April 2022 Fraser Valley Market StatsPosted by Brad Fry on May 3, 2022
  Property sales in the Fraser Valley have gone down by over 35% in April 2022 compared to last month, and while the figure is still the sixth-highest April on record for the past ten years, t...

read more »

March 2022 Fraser Valley Market Stats

March 2022 Fraser Valley Market StatsPosted by Brad Fry on April 5, 2022
  For the third month straight, Buyers in the Fraser Valley have had continued options for buying due to the climb in new listings, helping to increase active inventory to levels that we haven...

read more »

Fraser Valley Stats for February 2022

Fraser Valley Stats for February 2022Posted by Brad Fry on March 8, 2022
    Bringing good news for buyers, the Fraser Valley Real Estate Board received a record setting 3,742 new listings in February 2022. That’s an amazing 75.3 % increase from the pre...

read more »

January 2022 Fraser Valley Market Stats

January 2022 Fraser Valley Market StatsPosted by Brad Fry on February 4, 2022
January 2022 showed a slight light at the end of the tunnel for home buyers. With 2021 being the busiest year in the history of real estate for the Fraser Valley Board, January 2022 saw the beginnin...

read more »

December 2021 Fraser Valley Market Stats

December 2021 Fraser Valley Market StatsPosted by Brad Fry on January 11, 2022
  Wow! What a year it has been. With 27,692 property sales, 2021 has shattered the previous record for the most sales in a single year.  The Fraser Valley Real Estate Board saw an increa...

read more »

November 2021 Fraser Valley Market Stats

November 2021 Fraser Valley Market StatsPosted by Brad Fry on December 3, 2021
  In November 2021 we saw the second highest ever number of sales processed for the Fraser Valley Real Estate Board.  There were 1,972 sales in total for the month, which is an increase ...

read more »

October 2021 Fraser Valley Market Stats

October 2021 Fraser Valley Market StatsPosted by Brad Fry on November 9, 2021
Fraser Valley real estate has stayed consistant with the third best October on record.  The FVREB processed 19.8 sales last month for an increase of 3.9% from September and a 18.2% decrease...

read more »

September 2021 Fraser Valley Market Stats

September 2021 Fraser Valley Market StatsPosted by Brad Fry on October 6, 2021
In keeping up with recent demand for housing, September 2021, despite being down 10.6% from August 2021, reached the second highest level of sales for the month of September in the 100 year history ...

read more »

August 2021 Fraser Valley Market Stats

August 2021 Fraser Valley Market StatsPosted by Brad Fry on September 10, 2021
August 2021 in the Fraser Valley showed the second highest amount of sales ever for the month, while at the same time the market supply is the lowest it's been in 40 years! There were 2087 property...

read more »

July 2021 Fraser Valley Market Stats

July 2021 Fraser Valley Market StatsPosted by Brad Fry on August 5, 2021
In the Fraser Valley July continued to be a sellers market. Though both sales and new listings nubers have both dropped down a bit, there is still many more buyers out there than homes for sale. We...

read more »

June 2021 Fraser Valley Market Stats

June 2021 Fraser Valley Market StatsPosted by Brad Fry on July 5, 2021
  June, although a very strong month, has been the first month since last September to not break a historical sales record. We saw 24 percent less sales processed, than in May. The total for ...

read more »

May 2021 Fraser Valley Market Stats

May 2021 Fraser Valley Market StatsPosted by Brad Fry on June 8, 2021
  May has now come and gone and for the ninth month in a row the real estate market has continued to record breaking.The month of May also showed us a a near-historic height of new listings wi...

read more »

April 2021 Fraser Valley Market Stats

April 2021 Fraser Valley Market StatsPosted by Brad Fry on May 7, 2021
  April is another record breaking month, making this past stretch of eight months the longest record-breaking period in history. FVREB President Larry Anderson notes 'Although it remains very...

read more »

March 2021 Fraser Valley Market Stats

March 2021 Fraser Valley Market StatsPosted by Andy Boldt on April 7, 2021
Records for both Sales and New Listings processed in a single month were broken in March 2021 which covered the 100 year history of the Fraser Valley Real Estate Board! These records were significan...

read more »

February 2021 Fraser Valley Market Stats

February 2021 Fraser Valley Market StatsPosted by Andy Boldt on March 2, 2021
  'We have never seen such consistent and persistent demand for housing in the Fraser Valley.' Chris Shields, President of the Fraser Valley Real Estate Board said of seeing this month's recor...

read more »

January 2021 Fraser Valley Market Stats

January 2021 Fraser Valley Market StatsPosted by Andy Boldt on February 10, 2021
  The market in January stays the course set by the previous months with the demand far outweighing the demand and leaving very motivated buyers. Sales in January 2021 say an increase of 76% c...

read more »

December 2020 Fraser Valley Market Stats

December 2020 Fraser Valley Market StatsPosted by Andy Boldt on January 8, 2021
  The Fraser Valley Real Estate Statistics for the last month of a very unique year. Even with months of this year being on hold, the year ended with a 12.4% increase of total annual sales ove...

read more »

November 2020 Fraser Valley Market Stats

November 2020 Fraser Valley Market StatsPosted by Andy Boldt on December 3, 2020
  The previous 4 months have been trendsetting, why change it now?! We've seen 5 months in a row with incredible demand for Real Estate with many records being broken. November continued in t...

read more »

October 2020 Fraser Valley Market Stats

October 2020 Fraser Valley Market StatsPosted by Andy Boldt on November 5, 2020
Who Likes Breaking Records? The Fraser Valley does! - It seems like the only numbers that are going down is for Active Listings. This is the fourth record breaking month in a row and the whole situa...

read more »

September 2020 Fraser Valley Market Stats

September 2020 Fraser Valley Market StatsPosted by Andy Boldt on October 8, 2020
  Record Breaking Sales & New listings again for the fourth month in a row! September has continued in the same trend as the previous months with high consumer demand. Chris Shields, Presi...

read more »

August 2020 Fraser Valley Market Stats

August 2020 Fraser Valley Market StatsPosted by Andy Boldt on September 10, 2020
  August has been record breaking with the most amount of new listings, plus we've seen the 2nd highest number of property sales in August within the last 20 years! There were 2,039 Sales in Aug...

read more »

July 2020 Fraser Valley Market Stats

July 2020 Fraser Valley Market StatsPosted by Andy Boldt on August 12, 2020
  Real Estate Sales in July 2020 were 25.5% higher than July's 10 year average making it the 2nd highest sales of a July in history, right behind July 2015! There was a total of 2,100 sales, w...

read more »

June 2020 Fraser Valley Market Stats

June 2020 Fraser Valley Market StatsPosted by Andy Boldt on July 9, 2020
June 2020 is what pent-up demand looks like once it is cautiously released in the Fraser Valley. The numbers look impressive across the board, and while the HPI Benchmark Price of residential homes ...

read more »

May 2020 Fraser Valley Market Stats

May 2020 Fraser Valley Market StatsPosted by Andy Boldt on June 4, 2020
    May 2020 saw the Fraser Valley Real Estate market start to pick up again, and while the numbers are nowhere near last year, they are an increase from last month. This is a good sign th...

read more »

April 2020 Fraser Valley Market Stats

April 2020 Fraser Valley Market StatsPosted by Andy Boldt on May 7, 2020
  'Even though March's initial numbers promised a banner spring, we expected the market to respond this way in April. Both sales and listings contracted in tandem as we all moved swiftly to em...

read more »

March 2020 Fraser Valley Market Stats

March 2020 Fraser Valley Market StatsPosted by Andy Boldt on April 3, 2020
    The Fraser Valley Real Estate market started strong in March, but there is a noticeable change part way through the month as the realization of COVID-19 started to settle in. The fir...

read more »

February 2020 Fraser Valley Market Stats

February 2020 Fraser Valley Market StatsPosted by Andy Boldt on March 25, 2020
  February in the Fraser Valley saw the demand of homes continue to climb. While the amount of sales were just slightly above the 10 year average, we saw an almost 40% increase of sales of bot...

read more »

January 2020 Market Stats

January 2020 Market StatsPosted by Andy Boldt on February 5, 2020
The cold weather of January didn't slow the market down for the beginning of 2020. In fact, property sales were 6% above the 10-year average even while the amount of new listings was over 10% lower ...

read more »

December 2019 Market Stats

December 2019 Market StatsPosted by Andy Boldt on January 8, 2020
Let's take a quick look at how 2019 went before we get into the details of December 2019. The year 2019 as a whole was a bit slower then average with a 0.6% decrease of Sales compared to 2018, whic...

read more »

November 2019 Market Stats

November 2019 Market StatsPosted by Andy Boldt on December 9, 2019
November continued in the same trajectory as the previous months with the decrease of Active listings and an increase of sales. Residential sales jumped a surprising 36.7% over this time last year. ...

read more »

October 2019 Market Stats

October 2019 Market StatsPosted by Andy Boldt on November 22, 2019
As a general statement the fall of 2019 has seen steady growth in comparison to the fall of 2018 and October has shown this more than any month this season. Darin Germyn, President of the Board...

read more »

September 2019 Market Stats

September 2019 Market StatsPosted by Andy Boldt on November 13, 2019
Through the end of the summer into the fall we've seen Fraser Valley Home sales rising above the 2018 numbers, which brings the market back into line with the long-term averages. In fact, the almost...

read more »

August 2019 Market Stats

August 2019 Market StatsPosted by Andy Boldt on September 10, 2019
  When looking at comparisons and stats, there are always ups and downs. Based on so many years of ups, to see down seems like it's headed in the wrong direction. However, as we will see, this...

read more »

July 2019 Market Stats

July 2019 Market StatsPosted by Andy Boldt on August 12, 2019
The Fraser Valley housing market saw a slight rise in July because of a slight decrease in new listings along with a lift in home sales from June. The sales of single family detached homes rose 13% ...

read more »

June 2019 Market Stats

June 2019 Market StatsPosted by Andy Boldt on July 4, 2019
  The Statistics for June 2019 in the Fraser Valley are in and it looks like a game of wait and see. Across the board, sales are well below (-29.3%) the 10 year average, but the number of new ...

read more »

May 2019 Market Stats

May 2019 Market StatsPosted by Andy Boldt on June 10, 2019
  After spending the fall and winter months of 2018 solidly in the buyers end of a balanced market, the spring of 2019 saw some rise towards a Sellers market. The 18% Sales to Active Listings ...

read more »