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📣 Monthly market update 📣“We’re seeing limited activity from first-time buyers right now, with much of the market being ...
06/02/2026

📣 Monthly market update 📣

“We’re seeing limited activity from first-time buyers right now, with much of the market being driven by homeowners looking to move up,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “As prices in the detached segment have become more attainable, buyers with existing equity are finding opportunities to transition into larger homes.”

With a sales-to-active listings ratio of 11 per cent in May, the Fraser Valley remains in buyer’s market territory. A balanced market is typically defined by a ratio between 12 and 20 per cent.

“Many households are understandably approaching major financial decisions with caution right now,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “Between economic uncertainty, concerns about job security, and the continued pressure of higher everyday costs, confidence has been slow to recover. At the same time, buyers who are financially prepared are finding some of the most favourable market conditions we’ve seen in some time.”

Nothing beats a long weekend in BC.Whether you’re hosting, relaxing, or exploring—enjoy every moment. Happy Victoria Day...
05/18/2026

Nothing beats a long weekend in BC.

Whether you’re hosting, relaxing, or exploring—enjoy every moment. Happy Victoria Day!

Home is where mom is. 💕🏡Wishing all the incredible moms a day full of love, appreciation, and special moments with famil...
05/10/2026

Home is where mom is. 💕🏡
Wishing all the incredible moms a day full of love, appreciation, and special moments with family. Happy Mother’s Day!

📣 Monthly market update 📣Rising sales and price gains hint at stability in the Fraser Valley housing market.“Market acti...
05/05/2026

📣 Monthly market update 📣

Rising sales and price gains hint at stability in the Fraser Valley housing market.

“Market activity is picking up as we move through the spring, but overall conditions remain firmly in buyers’ favour,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “With inventory at healthy levels and housing affordability improving, buyers continue to have the advantage, although confidence remains tempered by ongoing economic uncertainty and persistent market headwinds.”

Overall inventory remains elevated in the Fraser Valley, with 9,816 active listings, up seven per cent from March and 45 per cent above the 10-year seasonal average.

The Fraser Valley remains in a buyer’s market, with an overall sales-to-active listings ratio of 11 per cent in April. A balanced market is typically defined by a ratio between 12 and 20 per cent.

🚨New rate announcement🚨The Bank of Canada held its target for the overnight rate on Wednesday, April 29th, at 2.25%."The...
05/02/2026

🚨New rate announcement🚨

The Bank of Canada held its target for the overnight rate on Wednesday, April 29th, at 2.25%.

"The evolving conflict in the Middle East is causing heightened volatility and US trade policy continues to reshape global trade patterns. Both are ongoing sources of uncertainty. The Bank’s April outlook assumes tariffs remain unchanged and the global benchmark price of oil declines to US$75 per barrel by mid 2027.

We are closely monitoring the impact of the conflict in the Middle East and how the economy is responding to US tariffs and trade policy uncertainty. Governing Council is looking through the war’s immediate impact on inflation but will not let higher energy prices become persistent inflation.

Next update: June 10

Happy Easter! 🐣🌷Wishing you a day filled with joy, renewal, and time spent with loved ones. May this season bring fresh ...
04/05/2026

Happy Easter! 🐣🌷
Wishing you a day filled with joy, renewal, and time spent with loved ones. May this season bring fresh beginnings and happiness to your home.

📣 Monthly market update 📣While March sales activity picked up over the previous month, year-over-year sales throughout t...
04/03/2026

📣 Monthly market update 📣

While March sales activity picked up over the previous month, year-over-year sales throughout the first quarter of 2026 continue to stumble, reflecting a market where buyer caution still lingers.

The Fraser Valley Real Estate Board recorded 1,007 sales in March, a 20% increase from February, but 3% below the same month last year and 42% below the ten-year seasonal average.

Overall inventory remains elevated in the Fraser Valley, with 9,201 active listings, up 10 per cent from February and 50 per cent above the 10-year seasonal average.

The Fraser Valley remains in a buyer’s market, with an overall sales-to-active listings ratio of 11 per cent in March. A balanced market is typically defined by a ratio between 12 and 20 per cent.

🚨New rate announcement🚨The Bank of Canada today held its target for the overnight rate at 2.25%."The war in the Middle E...
03/19/2026

🚨New rate announcement🚨

The Bank of Canada today held its target for the overnight rate at 2.25%.

"The war in the Middle East has increased volatility in global energy prices and financial markets, and heightened the risks to the global economy. The breadth and duration of the conflict, and hence its economic impacts, are highly uncertain.

With recent data pointing to weaker economic activity and uncertainty elevated, risks to growth look tilted to the downside. At the same time, inflation risks have gone up due to higher energy prices."

The Bank appears to be balancing slower growth against the risk that higher energy prices could push inflation back up.

Next update: April 29, 2026

Here’s to strong women—may we know them, may we be them, may we raise them. 💜Happy International Women’s Day!
03/08/2026

Here’s to strong women—may we know them, may we be them, may we raise them. 💜
Happy International Women’s Day!

📣 Monthly market update 📣The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing...
03/04/2026

📣 Monthly market update 📣

The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing over January by 36%, but continuing to trail typical levels for this time of year (38% below the 10-year seasonal average). New listings declined 9% in February, suggesting some sellers are choosing to wait amid competitive inventory levels, and may be positioning their homes for the peak of the spring market.

“With ample inventory and soft prices, this window may prove to be a key buying opportunity, particularly as prices settle. As we move closer to spring, we’re hopeful that improved economic stability will encourage more buyers to re-enter the market” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board.

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Langley, BC

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