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FRASER VALLEY REAL ESTATE: APRIL 2026 MARKET UPDATE

Sales rise year-over-year for the first time in over a year -- here is what the numbers mean for buyers and sellers in South Surrey, White Rock, and the Fraser Valley.


Spring has arrived in the Fraser Valley real estate market -- and for the first time in more than a year, sales are tracking above where they were at this time last year. That is a meaningful shift, even if conditions overall remain firmly in buyers' favour.

Here is what the Fraser Valley Real Estate Board reported for April 2026, and more importantly, what it means for you.



The Numbers at a Glance

The FVREB recorded 1,118 sales on the MLS in April. That is up 11 per cent from March and seven per cent above April 2025 -- the first year-over-year increase in sales in more than 12 months.

New listings came in at 3,549, up six per cent from March. Sellers are entering the market as expected for spring, though the number is lower than this time last year.

Active inventory sits at 9,816 listings -- up seven per cent from March and 45 per cent above the 10-year seasonal average. There is a lot of supply out there relative to historical norms.

Total Sales: 1,118 -- up 11% vs. March, up 7% vs. April 2025 New Listings: 3,549 -- up 6% vs. March Active Listings: 9,816 -- up 7% vs. March, up 45% vs. 10-year average Sales-to-Active Ratio: 11% -- buyer's market (balanced = 12-20%) Detached Days on Market: 37 days Townhome Days on Market: 32 days Condo Days on Market: 42 days


Benchmark Prices: April 2026

The composite benchmark price for a typical Fraser Valley home edged up 0.1 per cent in April to $899,200. That is the second consecutive month of modest price gains -- though prices remain well below where they were a year ago.

Single Family Detached: $1,374,800 -- down 0.1% vs. March, down 8.8% vs. April 2025 Townhome: $771,600 -- down 0.1% vs. March, down 7.4% vs. April 2025 Apartment/Condo: $491,000 -- up 0.4% vs. March, down 8.3% vs. April 2025 Composite: $899,200 -- up 0.1% vs. March


What This Means for Buyers

Here is the reality. This is one of the better buying environments the Fraser Valley has seen in several years. Prices are down eight to nine per cent compared to a year ago across most property types. Inventory is high, giving you real choice. And the sales-to-active ratio of 11 per cent means supply is outpacing demand -- which keeps negotiating power firmly on the buyer's side.

The challenge with that is, this kind of environment does not last indefinitely. When sales start climbing -- and April's numbers suggest that momentum is building -- inventory tends to tighten and prices follow. If you have been sitting on the sidelines waiting for the right time, the data right now is telling you something.

Let's break this down simply: lower prices than last year, more selection than average, and borrowing costs that have come down from their peak. That is a combination worth paying attention to.


What This Means for Sellers

Sellers need to go into this market with clear eyes. More inventory means more competition. Homes are taking 32 to 42 days to sell depending on the property type, and pricing strategy matters more than ever.

Here is what that means for you as a seller: if your home is priced right and shows well, it will sell. But buyers have options, and they know it. Overpricing in this market does not lead to negotiation -- it leads to sitting.

The good news is that the market is moving. Sales are up month-over-month and year-over-year, which signals that motivated, qualified buyers are out there. The sellers who are succeeding right now are the ones who price accurately from day one and present their homes well.


A Local Perspective: South Surrey, White Rock, and the Fraser Valley

These board-wide numbers tell the broader story, but every neighbourhood has its own rhythm. In South Surrey and White Rock, we are seeing similar dynamics -- healthy inventory, buyers with leverage, and properties that are priced well moving at a reasonable pace.

If you are curious how these numbers apply specifically to your street, your building, or the area you are looking to buy into, that is exactly the conversation I am here for. The board numbers are the starting point -- the local data is where the real insight is.


The Bottom Line

April's numbers show a market that is starting to find its footing after a long stretch of uncertainty. Sales are rising, prices are stabilizing, and buyers have a real window right now. Sellers who are prepared and realistic are still getting deals done.

If you are looking for a local real estate expert in South Surrey, White Rock, or the Fraser Valley to help you get ahead in the market, feel free to reach out. I am here to help.

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Is Your Home at Risk of Title Fraud? What Every BC Homeowner Needs to Know

A simple, under-$100 step could save you from losing your home -- and most people have never heard of it.

Imagine waking up one day to discover that someone has posed as you, listed your home for sale, and pocketed the proceeds. It sounds like something out of a thriller, but it is a very real risk facing BC property owners right now -- and a recent court case brought it back into the spotlight in a big way.

The Big White Wake-Up Call

A recent article in the Vancouver Sun detailed a shocking fraud case involving a condo at Big White ski resort in BC. Fraudsters impersonated the property owners, found a buyer, and nearly completed the transaction before the scam was uncovered. While the true homeowners were spared from losing their property, the buyers were not so lucky -- they walked away with losses of approximately $75,000.

The BC Supreme Court judge who reviewed the case called it the 'stuff of nightmares' -- and that description fits. This was not a sophisticated hack or a data breach at a financial institution. It was someone pretending to be a homeowner, and it nearly worked.

As your realtor, this case hit close to home. I want to make sure you know about a straightforward protection that most BC homeowners have never heard of.

What Is Title Fraud -- and How Does It Happen?

Title fraud (sometimes called mortgage fraud) happens when a criminal uses stolen or forged identity documents to impersonate a property owner. From there, they can:

•       Sell your home without your knowledge and disappear with the sale proceeds

•       Take out a mortgage or home equity loan against your property and pocket the funds

•       Transfer ownership entirely, leaving you to fight a legal battle to reclaim what is rightfully yours

Properties that are most at risk are those that are free and clear -- meaning there is no mortgage registered against them. Why? Because there is no lender in the picture watching for red flags or verifying identity on an ongoing basis. The title stands alone, and if a fraudster can impersonate you convincingly, there is little standing between them and a fraudulent transaction.

The Simple Protection: Pull Your Duplicate Title

Here is the good news: there is a low-cost, highly effective way to protect yourself, and it does not require a lawyer or any ongoing fees.

If your property is mortgage-free, you can apply to obtain the duplicate certificate of title through the BC Land Title and Survey Authority (LTSA). This is a physical document that acts as an extra layer of proof of ownership. The key protection it provides: in most cases, a property cannot be sold or have a new mortgage registered against it without the duplicate title being surrendered. A fraudster who does not have this document faces a major roadblock.

The cost? Under $100. You can apply for it yourself, or have your lawyer handle it for you.

Once you have it, store it somewhere safe -- a home safe, a safety deposit box, or leave it with your lawyer for safekeeping. The one thing you must not do: lose it. A lost duplicate title can be replaced, but it is a process, and in the meantime your protection is reduced.

What About Investment Properties?

This protection is especially important for investment properties -- rental properties, recreational properties like cabins or ski condos (yes, like Big White), or any real estate that you do not live in full-time. Why? Because you are less likely to notice something suspicious right away. Absentee owners are a favourite target for title fraudsters precisely because there is less day-to-day oversight.

If any of your properties are free and clear, please take this seriously. The protection is affordable and the peace of mind is priceless.

Title Insurance: A Second Layer of Defence

If you have not already, it is also worth reviewing whether you have title insurance on your BC properties. Unlike a home insurance policy, title insurance protects you against losses arising from title-related issues -- including fraud. It is typically a one-time premium paid at the time of purchase, and it can be purchased retroactively in some cases.

Title insurance alone will not stop fraud from happening, but it can make you whole financially if you become a victim. Think of the duplicate title as your lock on the front door, and title insurance as your alarm system.

Take Action Today

You have worked hard to own real estate in BC. Do not let a fraudster take that away from you. Here is a quick checklist to get you started:

•       Check if any of your BC properties are mortgage-free (free and clear of financial charges)

•       If they are, apply for the duplicate certificate of title through the LTSA -- or ask your lawyer to do it for you

•       Store the duplicate title securely and do not lose it

•       Review your title insurance coverage -- or ask your lawyer or realtor whether you have it and whether it is up to date

If you are looking for a local real estate expert in South Surrey, White Rock, or the Fraser Valley to help you get ahead in the market, feel free to reach out. I am here to help.

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First-Time Home Buyer GST Rebate in BC: Save Up to $50,000 on a New Home in 2026

If you have been trying to buy your first home in British Columbia and the numbers have not quite worked, there is finally some real, actionable good news. A new federal program is now in place that could save first-time buyers up to fifty thousand dollars on a new home. It is called the First-Time Home Buyer GST Rebate, and it is now officially law.

For buyers across the Fraser Valley, South Surrey, White Rock, Langley, and Greater Vancouver, this could be the opportunity that makes homeownership possible.

Watch the Full Breakdown

What Is the First-Time Home Buyer GST Rebate

The First-Time Home Buyer GST Rebate became law when Bill C-4 received Royal Assent on March 12, 2026. The Canada Revenue Agency can now process rebate claims.

Here is how it works.

First-time buyers can receive a full GST rebate on newly built homes priced up to one million dollars. On a one million dollar home, that equals up to fifty thousand dollars in savings.

For homes priced between one million and one and a half million dollars, the rebate is gradually reduced. Above one point five million dollars, the rebate no longer applies.

This is one of the most impactful affordability programs introduced in years and is specifically designed to help first-time buyers enter the BC real estate market.

Why This Matters Right Now in the Fraser Valley Real Estate Market

Timing in real estate matters, and right now several key factors are aligning.

Home prices across many Fraser Valley markets have softened compared to peak levels. Interest rates have come down from the highs we saw in previous years. Now, with the addition of the GST rebate on new homes, first-time buyers have a significant financial advantage.

These conditions do not often happen at the same time. For buyers who have been waiting, this could be a key opportunity to enter the market with stronger purchasing power.

Who Qualifies for the GST Rebate

The eligibility rules are straightforward.

You must be at least 18 years old. You must be a Canadian citizen or permanent resident. You cannot have lived in a home that you owned, or that your spouse or common-law partner owned, in the current year or the four previous calendar years.

The rebate applies to newly built homes purchased from a builder, owner-built homes, substantially renovated homes, and co-operative housing.

Another major benefit is that this rebate can be combined with the existing new housing rebate. This means first-time buyers may qualify for multiple rebates, significantly increasing total savings.

Important Dates You Need to Know

To qualify for the GST rebate, timing is critical.

Your purchase agreement must have been signed on or after March 20, 2025. Construction must begin before 2031 and be completed before 2036. You typically have up to two years after completion to apply.

If you already purchased a new home after March 19, 2025 and meet the criteria, you may already qualify. The Canada Revenue Agency is now processing claims, so it is important not to leave that money unclaimed.

How Much Can You Save

The potential savings are significant.

On a one million dollar new home, the rebate can return up to fifty thousand dollars. Even for homes priced above that range, partial rebates can still result in substantial savings.

There are online calculators available from real estate law firms that allow you to estimate your exact rebate based on purchase price and eligibility.

What This Means for First-Time Buyers in BC

For first-time home buyers in South Surrey, White Rock, Langley, and the Fraser Valley, this program could be a game changer.

Lower interest rates, stabilized home prices, and direct government incentives are creating a much more accessible entry point into the market.

This is not just about saving money. It is about creating opportunity.

Final Thoughts

The First-Time Home Buyer GST Rebate is one of the most important tools available to buyers right now. It can make a real difference in whether a purchase is possible.

If you are a first-time buyer and want to understand how this applies to your situation, reach out. There is no pressure, just clear advice.

If you know someone trying to break into the market, share this with them. Many buyers still do not know this rebate exists.

If you are looking for a local real estate expert to help you get ahead in the Fraser Valley market, I am here to help.

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Home Prices Begin to Stabilize as Spring Market Builds

The Fraser Valley real estate market in March 2026 is showing early signs of stabilization, with home prices increasing month over month for the first time in nearly a year.

While sales activity improved compared to February, the broader Fraser Valley housing market remains below typical seasonal levels, reflecting ongoing caution among buyers across Surrey, South Surrey, White Rock, Langley, and the surrounding areas.

March 2026 Fraser Valley Market Highlights

1,007 sales, up 20 percent from February
3,341 new listings, up 20 percent
9,201 active listings
11 percent sales to active listings ratio, indicating a buyer’s market
Benchmark price: $898,300, up 0.3 percent

Although sales increased month over month, activity remains 3 percent below March 2025 and 42 percent below the 10 year average.

Fraser Valley Home Prices March 2026

The most notable shift this month is pricing.

The benchmark home price increased 0.3 percent, marking the first monthly increase in 11 months.

Benchmark Prices by Property Type

Detached Homes
$1,375,600
Up 0.3 percent month over month
Down 8.7 percent year over year

Townhomes
$772,700
Up 0.3 percent month over month
Down 7.3 percent year over year

Condos
$489,200
Up 0.2 percent month over month
Down 9.2 percent year over year

Inventory and Buyer’s Market Conditions

Inventory remains elevated at 9,201 active listings, which is 10 percent higher than February and 50 percent above the 10 year seasonal average.

The market continues to favour buyers with an 11 percent sales to active listings ratio.

Days on Market

Detached homes are taking an average of 39 days to sell
Townhomes are taking an average of 36 days
Condos are taking an average of 43 days

Homes are still taking time to sell, giving buyers more opportunity to evaluate options and negotiate.

What This Means for Buyers

Buyers in the Fraser Valley still have a strong position in today’s market.

There is higher inventory, more negotiating power, and improved affordability compared to previous years.

However, with prices beginning to stabilize, this opportunity window may not last indefinitely.

What This Means for Sellers

Sellers entering the spring market need to be strategic.

Homes that are properly priced and well prepared are selling.

Listings that are overpriced or not positioned correctly are taking longer to move.

Market Outlook

The March data suggests a shift from declining prices toward stabilization.

Buyer confidence remains cautious but is starting to improve.

As we move further into the spring 2026 market, increased activity is likely if confidence continues to build.

Watch the March 2026 Fraser Valley Market Update

For a full breakdown of the numbers and what they mean for buyers and sellers, watch the video below.

Thinking of Buying or Selling in the Fraser Valley?

If you're planning to buy or sell in Surrey, South Surrey, White Rock, Langley, or anywhere in the Fraser Valley, understanding the market is key.

If you're looking for a local expert to get ahead in the Fraser Valley real estate market, feel free to reach out. I’m here to help.

Read

The Hidden Cost of Building Homes in BC (2026 Budget Explained)

When the BC government released its budget on February 17, 2026, most of the headlines focused on short-term economic impacts. But when I read through the details, what stood out to me was something a little different. It wasn’t about what happens this month or even this year. It was about what these changes could mean for the future cost of housing in British Columbia.

To make this easier to understand, I recorded a short video explaining the changes and why they could matter for buyers and sellers over the next few years.

One of the biggest changes in the budget is the expansion of Provincial Sales Tax to certain professional services that are essential to building housing. Architectural services, engineering services, and geoscience services are now subject to PST.

That might sound technical, but these professions play a critical role in every housing development in BC. Whether a developer is building a condo building, a townhouse project, or even a new subdivision, these professionals review plans, ensure structural integrity, and confirm that projects meet safety and environmental standards. In other words, these services are not optional.

When the cost of these services increases, the overall cost of building increases as well. Developers rarely absorb those costs. Instead, they become part of the total cost of delivering a home, which ultimately gets reflected in the final price paid by the buyer.

The budget also extends PST to accounting services and other related professional services. While that may seem like a smaller detail, it adds another layer of administration and expense to an already complex development process. Housing development in British Columbia already involves significant timelines, regulatory approvals, and financial planning. Adding additional taxes and paperwork can make that process even slower and more expensive.

Another part of the budget that caught my attention involves infrastructure and housing investments. The province has indicated that it will spread these investments over a longer timeline. In practical terms, this means the funding may still exist, but the projects themselves may take longer to move forward.

Infrastructure projects such as roads, hospitals, and community services are closely connected to housing development. Without the supporting infrastructure, many residential projects cannot proceed or must be delayed. When infrastructure timelines stretch out, housing timelines often stretch out with them.

This matters because housing supply in British Columbia was already expected to slow in the coming years. Construction costs, financing costs, and regulatory timelines have already been challenges for developers. When additional costs and delays enter the equation, some projects may be postponed, redesigned, or in some cases cancelled altogether.

When housing supply slows while population growth and housing demand continue, the result is often upward pressure on prices over time. This is especially true in high-demand communities such as South Surrey and White Rock, where available land and development opportunities are already limited.

None of this means we are about to see dramatic changes overnight. Real estate markets move gradually, and policy changes often take time before their effects are fully felt. But these kinds of decisions can shape the long-term housing landscape in ways that are easy to overlook at first.

Housing affordability is often discussed in terms of interest rates and buyer demand. Those factors certainly matter. But the cost and speed of building new homes are equally important pieces of the puzzle.

The reality is that if it becomes more expensive and time-consuming to build housing, it becomes more difficult to increase supply. And when supply struggles to keep up with demand, prices tend to respond accordingly.

Right now, the market feels relatively balanced. Buyers have more options than they did a few years ago, and sellers are adjusting to a market that rewards preparation and pricing strategy. But the policies that affect how quickly and affordably new housing can be built today may influence what the market looks like several years from now.

Understanding these bigger-picture changes helps both buyers and sellers make smarter decisions. Real estate is not only about what is happening in the market today. It is also about understanding the forces that shape where the market may be headed tomorrow.

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Fraser Valley Real Estate Market Update – February 2026

Sales Rise 36%, But Buyer’s Market Conditions Continue

The Fraser Valley real estate market in February 2026 showed early signs of activity heading into spring, with home sales rising significantly compared to January. However, the market remains firmly in buyer’s market territory, with elevated inventory levels and cautious buyer sentiment continuing to shape conditions across Surrey, South Surrey, White Rock, Langley, and the broader Fraser Valley housing market.

Watch the full February 2026 Fraser Valley Market Update video below for a detailed breakdown of what these numbers mean for buyers and sellers.

February 2026 Fraser Valley Market Highlights

According to the Fraser Valley Real Estate Board (FVREB), the region recorded 843 sales in February 2026, representing a 36% increase from January.

While that increase suggests some early spring momentum, sales are still 38% below the 10-year seasonal average, highlighting how cautious many buyers remain in the current BC housing market.

Key February statistics include:

  • 843 homes sold (up 36% from January)

  • 2,796 new listings (down 9% month-over-month)

  • 8,344 active listings

  • 10% sales-to-active listings ratio (buyer’s market)

  • Benchmark home price: $895,100

Inventory levels remain well above normal, sitting 51% higher than the 10-year seasonal average.

This means buyers currently have more choice and negotiating power than they’ve had in several years.

Fraser Valley Home Prices – February 2026

The benchmark home price in the Fraser Valley decreased slightly in February, down 0.2% month-over-month to $895,100.

Although prices are softer compared to last year, the pace of monthly decline has slowed, which could indicate the market beginning to stabilize.

Benchmark Prices by Property Type

Single-Family Homes
$1,370,900

  • Down 0.2% from January 2026

  • Down 8.6% year-over-year

Townhomes
$770,700

  • Down 0.3% from January

  • Down 7.1% year-over-year

Condos / Apartments
$488,300

  • Down 0.1% from January

  • Down 8.9% year-over-year

Fraser Valley Inventory Remains Elevated

The Fraser Valley housing market continues to see high inventory levels, with 8,344 active listings in February.

This is:

  • 8% higher than January

  • 51% above the 10-year seasonal average

The sales-to-active listings ratio of 10% confirms the market remains in buyer’s market territory. A balanced market typically falls between 12% and 20%.

Higher inventory gives buyers:

  • More homes to choose from

  • More time to evaluate options

  • Greater negotiating leverage

How Long Are Homes Taking to Sell?

Homes across the Fraser Valley real estate market are also taking longer to sell compared to the peak years.

Average days on market in February were:

  • Detached homes: 47 days

  • Townhomes: 39 days

  • Condos: 45 days

This slower pace reflects cautious buyers and a market where thoughtful decision-making has replaced the urgency seen during previous market cycles.

What This Means for Buyers in 2026

For buyers considering a home purchase in Surrey, South Surrey, White Rock, or Langley, the current conditions provide several advantages:

  • More available listings

  • Less competition compared to previous years

  • Greater negotiating power

  • Stabilizing prices

Markets often shift once buyer confidence returns, which means prepared buyers may benefit from acting before competition increases heading deeper into the spring 2026 real estate market.

What This Means for Sellers

For sellers in the Fraser Valley housing market, strategy matters more than ever.

Homes that are:

  • Properly priced

  • Well prepared and staged

  • Professionally marketed

are still attracting buyers and selling successfully.

However, overpriced listings are sitting longer as buyers have more options and time to compare properties.

Fraser Valley Housing Market Outlook

While February showed early signs of momentum compared to January, the broader BC housing market continues to face economic uncertainty that is causing many households to take a cautious approach.

Many buyers remain in a holding pattern, waiting for clearer economic signals before making major financial decisions.

As the spring real estate market approaches, increased activity is possible if buyer confidence improves.

Watch the February 2026 Fraser Valley Market Update

For a full breakdown of the numbers and what they mean for buyers and sellers, watch the video below.

Thinking of Buying or Selling in the Fraser Valley?

If you're planning to buy or sell in Surrey, South Surrey, White Rock, Langley, or anywhere in the Fraser Valley, understanding the market is key.

If you're looking for a local expert to get ahead in the Fraser Valley real estate market, feel free to reach out. I’m here to help.

Read

MONTHLY NEWSLETTER | MARKET STATS JANUARY 2026

The Reset No One Was Expecting (But Everyone Needed)

After years of headlines screaming “record highs,” “multiple offers,” and “act now or miss out,” January 2026 feels… quieter.

And that’s not a bad thing.

Over the past year, the Canadian real estate market has gone through a very public reset. Higher interest rates, affordability challenges, and buyer fatigue have cooled activity across the country — and here in South Surrey & White Rock, we’re seeing the results in a more balanced, deliberate market.

What does that mean in real terms?

For buyers, it means more selection, fewer bidding wars, and the ability to make thoughtful decisions instead of rushed ones. You can actually take a second showing, sleep on it, and negotiate — remember that?

For sellers, it means the market is no longer doing the heavy lifting for you. Pricing, presentation, and strategy matter more than they have in years. Homes that are prepared properly and priced realistically are still selling — but the “list it and they will come” days are officially behind us.

This shift isn’t a crash. It’s not a boom either.
It’s a reset — and resets tend to reward people who are informed, patient, and well-advised.

As we move into 2026, the biggest advantage for both buyers and sellers isn’t timing the market perfectly…
It’s understanding this version of the market and making smart moves within it.



Top 5 Smart Moves to Start 2026 Strong (At Home & In Life)

A new year is a great excuse to reset a few things — here are five simple, practical ideas that actually make a difference.

1. Declutter One Space That You See Every Day

Not your whole house. Just one space — the front closet, kitchen junk drawer, or home office. Less chaos = more mental bandwidth.

2. Do a “Winter Walk-Through” of Your Home

January is perfect for spotting drafts, condensation, and insulation issues. Small fixes now can save serious money later.

3. Review Your Mortgage (Even If You’re Not Moving)

Renewal timelines, prepayment options, and rate structures matter more in a higher-rate environment. A quick review can be eye-opening.

4. Refresh Lighting, Not Furniture

New lamps, warmer bulbs, or updated fixtures can completely change how a space feels — without a renovation-sized bill.

5. Get Clear on Your 2–3 Year Plan

You don’t need a 10-year roadmap. Just ask:
Am I staying put? Upsizing? Downsizing? Investing?
Clarity beats guessing — especially in a changing market.


Fraser Valley home prices back to pandemic-era levels under weight of economic headwinds and sustained inventory

SURREY, BC – Home prices in the Fraser Valley fell for the tenth consecutive month in January, pushing the Benchmark price below $900,000 for the first time since spring 2021.

The Benchmark price for a typical home in the Fraser Valley dropped one per cent in January to $897,200, down 6.9 per cent year-over-year.

The continued softening of prices wasn’t enough to get buyers off the sidelines, as the Fraser Valley Real Estate Board recorded 619 sales on its Multiple Listing Service® (MLS®) in January, a 33 per cent decrease from December, and 24 per cent below sales from the same month last year. New listings increased 128 per cent in January to 3,078, reflecting the typical seasonal patterns; however, activity remained 10 per cent below last year’s levels.

Overall inventory remains above seasonal norms for the Fraser Valley, with 7,711 active listings, up 11 per cent from December and 54 per cent above the 10-year seasonal average.

 The Fraser Valley remains firmly in a buyer’s market, with an overall sales-to-active listings ratio of eight per cent in January, down five per cent from December. A balanced market is typically defined by a ratio between 12 and 20 per cent.

 Across the Fraser Valley in January, the average number of days to sell a single-family detached home was 55 days, while for a condo it was 53 days. Townhomes took, on average, 50 days to sell.

MLS® HPI Benchmark Price Activity

  • Single Family Detached: At $1,373,100 the Benchmark price for an FVREB single-family detachedhome decreased 1.1 per cent compared to December 2025 and decreased 7.4 per cent compared to January 2025.

  • Townhomes: At $773,100 the Benchmark price for an FVREB townhome decreased one per cent compared to December 2025 and decreased 6.5 per cent compared to January 2025.

  • Apartments: At $488,600 the Benchmark price for an FVREB apartment/condo decreased 0.6 per cent compared to December 2025 and decreased 8.2 per cent compared to January 2025.

 

For the latest statistics package, click HERE

If you have any questions, feel free to reach out. I am here to help: 

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MONTHLY NEWSLETTER | MARKET STATS DECEMBER 2025

2026 Fraser Valley Real Estate Predictions: What Buyers and Sellers Need to Know

After a slower and more cautious 2025, the Fraser Valley real estate market is expected to find its footing in 2026. Rather than sharp swings, the year ahead points toward stabilization, modest price movement, and a rebound in sales activity—a market that rewards strategy over speculation.

Here’s what I’m watching closely as we head into 2026.

The Fraser Valley market is entering 2026 in a balanced state, with neither buyers nor sellers fully in control. Elevated inventory levels are giving buyers more leverage—particularly in the first quarter—while sellers are beginning to see more consistent activity than we experienced through much of 2025.

This isn’t a boom, and it’s not a bust. It’s a reset.

Price Predictions for 2026

Prices across the Fraser Valley are expected to stabilize, with pockets of modest growth depending on property type and location.

  • Benchmark composite prices are expected to hover in the $920,000–$940,000 range, marking a transition away from the declines seen in 2025.

  • Province-wide forecasts suggest 0–2% price growth across BC, with the Fraser Valley remaining relatively flat as demand slowly returns.

  • Detached homes may still see some softness, with forecasts suggesting a potential 5% decline from late 2025 to late 2026.

  • Condos and townhomes could see smaller adjustments, with estimates around a 3% decline, particularly in areas with heavy supply.

In short: pricing will matter more than ever. Well-priced homes will sell. Overpriced homes will sit.

Sales & Inventory: Momentum Builds

Sales activity is expected to pick up meaningfully in 2026:

  • The BC Real Estate Association is forecasting a nearly 9% rebound in transactions across the province.

  • The Fraser Valley Real Estate Board expects sales to accelerate after a 2025 that saw volumes drop roughly 16% from 2024 levels.

  • Inventory remains well above historical norms, giving buyers more choice and negotiating power than we’ve seen in years.

A noticeable seasonal pickup is expected from February 2026 onward, particularly if interest rates remain stable and buyer confidence improves.

Key Drivers Shaping the 2026 Market

Interest Rates

Rate stability from the Bank of Canada—expected through at least mid-2026—should bring predictability back to the market. Even without aggressive cuts, consistency helps buyers plan and act with confidence.

Affordability

Affordability challenges aren’t disappearing, but a soft landing appears more likely than a sharp correction. The market is adjusting gradually rather than breaking.

Local Nuances Matter

  • Surrey and Langley are expected to remain among the most active areas, supported by density, transit access, and long-term infrastructure investment.

  • Abbotsford and Mission may experience longer days on market and more moderated pricing, particularly for detached homes.

Population Growth & Infrastructure

Ongoing migration and major projects—like the Surrey-Langley SkyTrain extension—continue to support long-term demand, especially for townhomes and condos near transit corridors.

What This Means for Buyers and Sellers

For Buyers:
Early 2026 could be one of the best negotiating windows we’ve seen in years. Inventory is high, sellers are realistic, and conditions reward preparation and patience.

For Sellers:
Success in 2026 will come down to pricing and presentation. The market no longer rewards “testing the waters.” Precision matters.

Final Thoughts

2026 is shaping up to be a year of stability, opportunity, and smarter decision-making in the Fraser Valley real estate market. The extremes of the past few years are fading, replaced by a market that favors informed buyers and well-advised sellers.

If you’re planning a move in 2026—or even just starting to think about one—now is the time to build a strategy.



Five Real Estate Resolutions Worth Keeping in 2026

It’s only a few days into January, and if you’ve already bent a New Year’s resolution… you’re not alone. Most resolutions fail because they’re vague or unrealistic. But when it comes to real estate, the right goals — paired with a plan — can make a meaningful difference in both lifestyle and long-term wealth.

As we head into 2026, the Fraser Valley market is more balanced than it’s been in years. Inventory is healthier, prices have stabilized, and interest rates have eased compared to recent highs. That creates real opportunity — but only for those who act strategically.

Here are five real estate resolutions worth keeping this year:

1. Stop waiting for the “perfect” market.
There will always be uncertainty. The right move isn’t about timing the market perfectly — it’s about aligning your move with your life, finances, and goals.

2. Get your finances ready early.
Knowing what you can afford before you fall in love with a home gives you confidence and flexibility when the right opportunity appears.

3. Experience neighbourhoods, not just listings.
Photos don’t show traffic, noise, or day-to-day lifestyle. Walking the neighbourhood matters more than scrolling online.

4. Don’t DIY the important stuff.
Professional guidance in pricing, negotiations, inspections, and preparation often saves far more than it costs.

5. Create a real timeline with accountability.
“Someday” goals rarely happen. A clear plan with milestones keeps momentum going and stress low.

The difference between thinking about real estate goals and actually achieving them comes down to planning, timing, and accountability.

If you’re considering a move in 2026 — whether buying, selling, or just preparing — let’s build a plan that actually sticks.


2025 Fraser Valley housing market slowest in over two decades despite falling prices and decade-high inventory

SURREY, BC – Decade-high inventory and softer prices failed to spark buyer demand in the Fraser Valley in 2025. Despite favourable conditions and increased negotiating power, many buyers stayed on the sidelines, making it one of the slowest years for sales in decades.

The Fraser Valley Real Estate Board recorded 12,224 sales on its Multiple Listing Service® (MLS®) in 2025, a decline of 16 per cent over 2024 and 33 per cent below the 10-year average. The City of Surrey accounted for the majority of 2025 sales at 48 per cent, with Langley and Abbotsford accounting for 24 per cent and 16 per cent respectively.

On the supply side, buyers had more choice than at any point in the past four decades, as new listings climbed to 37,963.

The composite Benchmark home price in the Fraser Valley closed the year at $905,900, down six per cent year-over-year, and down 24 per cent from the peak in March 2022.

December 2025

The Board recorded 919 sales on its MLS® in December, a decline of 2.5 per cent from November, and 7.5 per cent below sales from December 2024.

In line with seasonal patterns, new listings fell sharply in December, declining 39 per cent month-over-month to 1,350. Overall inventory remained above seasonal norms, ending the year with 6,965 active listings. The pullback in new listings helped lift the sales-to-active listings ratio to 13 per cent in December, bringing the market into balanced territory to close out the year. The market is considered balanced when the ratio is between 12 per cent and 20 per cent.

The composite Benchmark price for a typical home in the Fraser Valley continued to slide for the ninth straight month, down 0.7 per cent compared to November.

MLS® HPI Benchmark Price Activity

  • Single Family Detached: At $1,388,400 the Benchmark price for an FVREB single-family detachedhome decreased 1.2 per cent compared to November 2025 and decreased 6.2 per cent compared to December 2024.

  • Townhomes: At $781,300 the Benchmark price for an FVREB townhome increased 0.3 per cent compared to November 2025 and decreased 5.7 per cent compared to December 2024.

  • Apartments: At $491,600 the Benchmark price for an FVREB apartment/condo decreased one per cent compared to November 2025 and decreased 7.5 per cent compared to December 2024.

 

For the latest statistics package, click HERE

If you have any questions, feel free to reach out. I am here to help: 

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MONTHLY NEWSLETTER | MARKET STATS NOVEMBER 2025

Home Safety Tips for the Holidays

How to Keep Your Home, Family, and Festivities Safe This Season

The holidays are a time for celebrating, reconnecting, and creating memories—but they also bring a unique set of safety risks. With travel plans, extra decorations, expensive gifts, and a busier-than-usual schedule, home accidents and crime tend to spike this time of year.

The good news? A few simple precautions can go a long way in protecting your home and keeping your family safe. Here are 8 practical holiday home-safety tips every homeowner should follow:

1. Make Your Home Look Lived-In

An empty house is an easy target—so give yours that “someone’s home” vibe.
Leave a couple of lights on, play some music, or use plug-in timers to turn lamps on and off throughout the day. Most hardware stores carry inexpensive, easy-to-use options.

2. Skip the Social Media Travel Announcements

As tempting as it is to post your holiday getaway, doing so tells the world your home is empty.
Save the photos and stories for when you return.

3. Pause Your Mail & Packages

Piled-up mail or newspapers are a flashing billboard that no one’s home.
Place a hold on deliveries or ask a trusted neighbour, coworker, or friend to pick them up while you’re away.

4. Use the Driveway to Your Advantage

If you're travelling, ask a neighbour to park in your driveway occasionally.
A random vehicle coming and going helps create the illusion of normal activity.

5. Hide the Evidence of Expensive Gifts

Leaving large boxes—like TVs, gaming systems, and electronics—on the curb is like advertising what’s inside your home.
Break down boxes and bag them instead to keep your new items private.

6. Secure Your Holiday Tree

Kids, pets, and a top-heavy Christmas tree don’t mix.
Make sure your tree is:

  • Mounted on a sturdy base

  • Hydrated with water or wet sand to reduce fire risk

A secure base helps prevent accidents and keeps your tree from drying out.

7. Keep Wrapping Paper Out of the Fireplace

Burning gift wrap may seem festive, but it can release toxic fumes—and flames can spread faster than expected.
Avoid burning scrap wood, branches, or parts of your old tree, too. These can create extremely hot, dangerous fires and damage your chimney.

8. Inspect Your Holiday Lights

Before hanging or plugging anything in, check for:

  • Broken bulbs

  • Frayed or cracked cords

  • Loose connections

A few minutes of inspection can prevent electrical issues and potential fires.

With a little planning, your home can stay safe and secure while you focus on what matters most—enjoying the holidays with the people you love. If you ever need advice about home safety, maintenance, or local real estate updates, I’m always here to help.

Stay safe, stay warm, and have a wonderful holiday season!


Wishing you and your loved ones a joyful Christmas season filled with warmth, laughter, and memorable moments.
Thank you for trusting me with one of life’s biggest decisions — it’s an honour to be part of your story.

From my family to yours, Merry Christmas and Happy Holidays!
May the year ahead bring you comfort, opportunity, and a place you’re proud to call home.


Langley’s Brightest: The Top Holiday Light Displays to See This Season

There’s something magical about piling into the car, turning up the Christmas tunes, and exploring Langley’s most spectacular light displays. Whether you’re a family on the hunt for festive fun or just love a good sparkle show, these stops will make your holiday season shine.

1. 5003 209 Street – The Peace House

If you’re looking for lights with heart, this one’s for you.
The theme at this home is “Peace,” and the owners have turned their property into a glowing tribute to the season’s true spirit. Thousands of twinkling lights illuminate from 4:30 p.m. to midnight daily until January 15, 2026. Visitors are welcome, and donations are being accepted for colon cancer research and support.

🎅 2. Wejr Winter Wonderland – 26936 28A Avenue

Eight-foot Santa? Check. Thousands of lights and decorations? Check.
The Wejr family goes all out with their Winter Wonderland, open December 1 through January 4, from 5 to 11 p.m. nightly. It’s one of Aldergrove’s most beloved stops, with enough glow to make Clark Griswold proud.

🚗 3. Holiday Lights in Williams Park – A Langley Classic

This one’s a must-see. The Holiday Lights in Williams Park is a free drive-through event running from December 13 to 28 (closed Dec. 24 – 26).
You’ll weave through a glowing forest filled with light tunnels, giant displays, and festive cheer — all from the warmth of your car.

  • 📍 68 Avenue & 238 Street, Langley

  • 🕔 Open 5 – 9 p.m. nightly

  • 💻 Pre-registration required at tol.ca/holidaylights

Donations are optional and support the Aldergrove Food Bank (debit/credit only — no cash or food on-site).

🌟 4. Horompoly Family Light Display – 23924 68 Avenue

Just down the road from Williams Park, the Horompoly family transforms their home into a glowing wonderland every year. With more than 100 lit figures, 14 trees, and thousands of twinkling lights, it’s an absolute must-see.
Open December 1 to January 1, from 5 to 10 p.m. daily, this local favourite is a perfect finale for your Langley light-tour route.

🎁 Bonus Tip: Plan Your Route and Make It a Night Out

Warm drinks, cozy blankets, and a good playlist go a long way. Make an evening of it — hit all four stops in one night, or spread them out through December.

💡 Final Thoughts

Langley really shines this time of year — literally. From drive-through light shows to heartfelt home displays, these festive spots capture everything we love about the holidays: community, creativity, and giving back.

So, grab the family, hop in the car, and let the lights guide you to a little holiday magic — right here at home.


Early fall momentum slows as Fraser Valley sales dip in November

SURREY, BC – Easing prices and abundant inventory weren’t enough to entice buyers to the Fraser Valley market in November, as sales declined in line with seasonal buying patterns.

The Fraser Valley Real Estate Board recorded 943 sales on its Multiple Listing Service® (MLS®) in November, a 16 per cent decrease from October, and 17 per cent below sales from the same month last year. 

New listings slowed again in November, down 26 per cent month-over-month and seven per cent year-over-year, to 2,210. Overall inventory remains well above seasonal norms for the Fraser Valley, with 9,201 active listings, down nine per cent from October and 47 per cent above the 10-year seasonal average.

“Affordability concerns and economic pressures are weighing heavily on many Fraser Valley households,” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. “Our REALTORS® understand how personal and complex these decisions are. But there are encouraging signs for buyers. Composite prices are closer to early-2023 levels, inventory has improved, and there is more space to negotiate than we’ve had in recent years.”

The Fraser Valley remains firmly in a buyer’s market, with an overall sales-to-active listings ratio of 10 per cent in November, down one per cent from October. A balanced market is typically defined by a ratio between 12 and 20 per cent.

Across the Fraser Valley in November, the average number of days to sell a single-family detached home was 52 days, while for a condo it was 41 days. Townhomes took, on average, 37 days to sell.

"With mortgage conditions tightening, buyers are encountering increased scrutiny and higher down payment expectations from lenders,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “These constraints can delay transactions and influence overall activity in the market. That’s why working with an experienced REALTOR® is critical — someone who understands the landscape and can guide clients through these obstacles with confidence."

 The composite Benchmark price for a typical home in the Fraser Valley decreased 0.7 per cent in November, to $912,400.

MLS® HPI Benchmark Price Activity

  • Single Family Detached: At $1,405,500 the Benchmark price for an FVREB single-family detachedhome decreased 0.6 per cent compared to October 2025 and decreased 5.4 per cent compared to November 2024.

  • Townhomes: At $778,700 the Benchmark price for an FVREB townhome decreased 0.8 per cent compared to October 2025 and decreased 6.8 per cent compared to November 2024.

  • Apartments: At $496,500 the Benchmark price for an FVREB apartment/condo decreased one per cent compared to October 2025 and decreased 6.9 per cent compared to November 2024.

 

For the latest statistics package, click HERE

If you have any questions, feel free to reach out. I am here to help: 

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MONTHLY NEWSLETTER | MARKET STATS OCTOBER 2025

Why New Homes Are Sitting Empty—And What It Means for Canada’s Housing Market

“2,500 new condos sitting unsold in Metro Vancouver.”
That headline might sound like a local story—but the truth is, it’s part of a much bigger national shift that’s starting to reshape housing markets across Canada.

From Vancouver to Kelowna, Calgary to Halifax, thousands of new homes are sitting empty as developers pause or cancel projects. For an industry that’s been racing to build more homes to meet demand, this slowdown is raising eyebrows—and questions.

So, what’s really going on?

The Perfect Storm Behind Canada’s Empty New Homes

It’s not one issue—it’s several colliding at once:

  • Construction costs are soaring. Materials, labour, and municipal fees have driven per-unit costs to record highs.

  • Permitting delays and shifting government policies are slowing the pace of development.

  • Buyer affordability has been stretched thin by years of rate hikes and price growth.

  • Developers are backing away—some are even refunding deposits or shelving entire projects.

For many builders, the math simply doesn’t work anymore. The result? New homes sitting empty, half-built projects on hold, and a growing chill in what was once a red-hot development pipeline.

Why It Matters for Homeowners and Buyers

This isn’t just a developer problem—it’s a housing market problem.

  • Fewer new homes today means tighter supply tomorrow.

  • Buyers could face higher prices down the road as new inventory dries up.

  • Renters might see competition rise if new builds slow and vacancy rates stay low.

  • Homeowners may actually benefit in the short term as reduced supply supports resale values.

In other words, today’s “unsold” homes could lead to tomorrow’s housing crunch—just when affordability needs the most help.

Not Just a Vancouver Story

While Metro Vancouver headlines are grabbing attention, the same pattern is emerging across the country:

  • Kelowna: Developers pressing pause due to high financing costs.

  • Calgary: Supply still growing, but pre-sales are slowing.

  • Ontario & Atlantic Canada: Builders are scaling back new projects amid uncertainty.

The ripple effects of this slowdown will reach beyond urban centres—into smaller towns and suburban markets that depend on new construction to keep prices balanced.

What It Means for You

At Momentum Realty, we believe in cutting through the noise to help clients make sense of what’s really happening.

Markets move in cycles—but behind every cycle are real people making big decisions. Whether you’re buying, selling, investing, or just trying to plan your next move**, understanding the trend now will help you stay one step ahead.

The Bottom Line

Yes, thousands of new homes are sitting empty. But this isn’t a sign of collapse—it’s a signal that the market is resetting.

Developers are recalibrating. Buyers are waiting for rates to drop. And those who stay informed and prepared will be ready to take advantage when the next wave of opportunity hits.

If you’re wondering what this means for your plans in South Surrey, White Rock, or anywhere in the Fraser Valley, I’d be happy to walk you through it.

Let’s connect and talk strategy—because even in a shifting market, there’s always a smart move to make.



Top 5 Myths About the Fall Housing Market

Why Autumn Might Be the Smartest Time to Make Your Move

When most people think about buying or selling a home, spring is the season that comes to mind — blooming gardens, fresh listings, and plenty of open houses. But here’s the truth: fall is actually the second-busiest real estate season of the year, and it brings its own set of advantages for both buyers and sellers.

Yet, year after year, I hear the same misconceptions about the fall housing market. Let’s set the record straight.

Myth #1: The Market Dies After Summer

Reality: Far from it!
While activity cools slightly from the spring frenzy, there are still plenty of motivated buyers and sellers well into mid-December. In fact, serious buyers often prefer fall — fewer bidding wars, less competition, and more time to negotiate the right deal.

If you’re thinking of listing, don’t wait until next year. Those who buy in fall are ready to move — and they mean business.

Myth #2: Homes Don’t Show Well in Fall

Reality: Fall listings can shine.
Crisp air, colourful trees, and warm lighting create incredible curb appeal. A cozy atmosphere, seasonal décor, and the smell of apple spice candles can make a property feel like home instantly.

With professional photos and proper staging, fall listings stand out — especially since there’s less clutter in the market compared to spring.

Myth #3: There Aren’t Enough Buyers

Reality: The opposite is often true.
The buyers who are still out shopping in the fall are serious. They’ve been watching the market for months and are ready to make a move before the holidays or year-end.

Many want to lock in a mortgage rate, finalize before snow hits, or even move for work relocations in the new year.

Myth #4: It’s Better to Wait Until Spring to Sell

Reality: Waiting could cost you.
Inventory tends to drop in the fall — and that’s great news for sellers. With fewer homes to choose from, your property gets more visibility and less competition.

Plus, buyers shopping in fall are typically more qualified, motivated, and ready to move quickly. The spring market can be louder — but not always better.

Myth #5: The Market Slows Down Too Early

Reality: The fall market runs strong until mid-December.
In Metro Vancouver and the Fraser Valley, we typically see active buying and selling well into the first half of December. After that, things take a brief pause for the holidays — and then reset again in January.

That means there’s still plenty of time to make your move this year.

🍁 Final Thoughts

The fall market is full of opportunity — less competition, serious buyers, and homes that look their absolute best.

So whether you’re thinking about selling before the end of the year or getting a jump on next spring’s market, don’t let these myths hold you back.


October brings welcome boost to Fraser Valley, but sales still lag seasonal averages

SURREY, BC — Fraser Valley home sales climbed for the second straight month in October, a sign that some buyers may be responding to steadily easing prices.

The Fraser Valley Real Estate Board recorded 1,123 sales on its Multiple Listing Service® (MLS®) in October, a 17 per cent increase from September, but 16 per cent below sales from the same month last year.

After a short-lived rise in September, new listings slowed in October, down 14 per cent month-over-month and seven per cent year-over-year, to 2,967. Overall inventory remains well above seasonal norms for the Fraser Valley, with 10,121 active listings, down four per cent from September but up 15 per cent year-over-year.

The Fraser Valley remains firmly in a buyer’s market, with an overall sales-to-active listings ratio of 11 per cent in October, up from nine per cent in September. The modest increase reflects a rise in sales alongside a slight decline in inventory. A balanced market is typically defined by a ratio between 12 and 20 per cent.

Across the Fraser Valley in October, the average number of days to sell both a single-family detached home and a condo was 42 days; while for a townhome it was 37 days.

The composite Benchmark price for a typical home in the Fraser Valley decreased 0.7 per cent in October, to $919,900.

MLS® HPI Benchmark Price Activity

  • Single Family Detached: At $1,411,900 the Benchmark price for an FVREB single-family detachedhome decreased 0.6 per cent compared to September 2025 and decreased 5.1 per cent compared to October 2024.

  • Townhomes: At $786,000 the Benchmark price for an FVREB townhome decreased 1.2 per cent compared to September 2025 and decreased 5.6 per cent compared to October 2024.

  • Apartments: At $506,400 the Benchmark price for an FVREB apartment/condo decreased 0.8 per cent compared to September 2025 and decreased 6.8 per cent compared to October 2024.

For the latest statistics package, click HERE

If you have any questions, feel free to reach out. I am here to help: 

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MONTHLY NEWSLETTER | MARKET STATS SEPTEMBER. 2025


Top 5 Low-Cost Ways to Save Energy This Winter

Winter in BC means cozy nights, warm drinks… and higher energy bills.
The good news? You don’t need a full home renovation to cut heating costs. Here are five quick and affordable ways to save energy—and most of them pay for themselves within a single season.

1. Turn Down the Thermostat

Cost: $0
Savings: Up to $70/year
Time: Seconds
Difficulty: Easy

Every degree you lower your thermostat can save about 3–5% on your heating bill. For an average $900 winter energy bill, that’s roughly $30–$45 in savings per degree.

Try lowering your heat:

  • When you’re asleep

  • When you’re away from home

  • Or even a few degrees during the day

And no, turning it down doesn’t make your furnace “work harder” later—it actually saves energy overall.

2. Check Your Dryer Vent Flap

Cost: $0–$25
Savings: Up to $120/year
Time: 15–30 minutes
Difficulty: Easy

A dryer vent flap stuck open can leak warm air and welcome cold drafts (and critters). Lint build-up is usually the culprit.

Quick fix:

  • Clean the vent flap and make sure it closes fully.

  • If it’s damaged, replace it with a high-efficiency vent closure (under $40).

This one simple check can cut your heating loss fast.

3. Find and Seal the Worst Drafts

Cost: $0–$20
Savings: Up to $140/year
Time: 30 minutes
Difficulty: Easy to Moderate

You don’t need an expensive energy audit to make a difference. Do a DIY draft hunt:

  • Feel around doors, windows, and outlets on exterior walls.

  • Use weather-stripping, draft stoppers, or painter’s tape to seal leaks.

  • Don’t forget pipes or vent openings to the outside.

Focus on the worst offender first—you’ll feel the difference immediately.

4. Install a Programmable Thermostat

Cost: About $30
Savings: Around $70/year
Time: 30 minutes
Difficulty: Moderate

A programmable thermostat automatically adjusts your temperature when you’re out or asleep. It’s like autopilot for energy savings.

Bonus: It helps in summer too, cutting cooling costs.

Look for models suited to your heating system, and make sure it’s easy to program.

5. Lower Your Water Heater to 120°F

Cost: $0
Savings: $15–$25/year**
Time: 30 minutes
Difficulty: Moderate

Most water heaters are set at 140°F, but 120°F is usually plenty for showers and washing. Lowering the temperature:

  • Saves energy year-round

  • Reduces mineral buildup

  • Extends your water heater’s life

Just make sure your dishwasher has a built-in heating booster—or you may need to keep your setting a bit higher.

Final Thought: Small Changes, Big Savings

These low-cost energy tips don’t just save you money—they also help reduce wear on your home’s systems and shrink your carbon footprint.

Try one (or all five!) this week and see how much warmer—and more efficient—your home can feel.


Vancouver Fall Home Show Oct. 23-26th

If you would like tickets to the show, please reach out. 


Sustained elevated inventories soften Fraser Valley home prices further, spurring bump in sales.

SURREY, BC – Home prices in the Fraser Valley continued their downward trend in September, marking the sixth straight month of declines, amid high inventory.

The Benchmark price for a typical home in the Fraser Valley dropped one per cent in September to $926,300, down 5.4 per cent year-over-year. The continued softening of prices may be encouraging some buyers back into the market, as the Fraser Valley Real Estate Board recorded 962 sales on its Multiple Listing Service® (MLS®) in September, an increase of three per cent over August. September sales were down two per cent year-over-year and 28 per cent below the 10-year average.

After sitting out for part of the summer, sellers reemerged in September, with new listings up 23 per cent month-over-month to 3,447; up three per cent year-over-year. Overall inventory remains at decade-high levels, with 10,583 active listings, up one per cent from August and up 17 per cent from September 2024.

 The Fraser Valley remains entrenched in a buyer’s market with an overall sales-to-active listings ratio of nine per cent in September. The market is considered balanced when the ratio is between 12 per cent and 20 per cent.

Across the Fraser Valley in September, the average number of days to sell a single-family detached home was 37 days; while for a townhome it was 38 days. Condos took, on average, 39 days to sell.

MLS® HPI Benchmark Price Activity

  • Single Family Detached: At $1,420,000 the Benchmark price for an FVREB single-family detached home decreased 1.2 per cent compared to August 2025 and decreased 5.4 per cent compared to September 2024.

  • Townhomes: At $795,600 the Benchmark price for an FVREB townhome decreased 1.5 per cent compared to August 2025 and decreased 4.7 per cent compared to September 2024.

  • Apartments: At $510,400 the Benchmark price for an FVREB apartment/condo decreased 0.7 per cent compared to August 2025 and decreased 6.3 per cent compared to September 2024.

For the latest statistics package, click HERE

If you have any questions, feel free to reach out. I am here to help: 

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MONTHLY NEWSLETTER | MARKET STATS AUGUST. 2025

B.C. Rent Control 2026: Unfair Caps on Landlords vs. Rising Government Taxes

British Columbia’s rent control rules are often presented as a compassionate response to inflation and housing affordability. The idea sounds noble: limit annual rent increases to protect tenants from being priced out of their homes.

But behind this rhetoric lies a troubling double standard — one that forces private landlords to live under strict financial limits while governments themselves continue to tax, spend, and grow without restraint.

Rent Control in B.C.: What Landlords Face

Under current regulations, landlords in B.C. are prohibited from raising rents beyond the previous year’s inflation rate.

  • 2024 cap: 3.5%

  • 2025 cap: 3%

  • 2026 cap: 2.3%

On paper, this shields tenants from steep cost increases. In reality, it ignores the rising costs faced by landlords themselves.

Property taxes, insurance premiums, and maintenance expenses have all surged — often far beyond inflation. For small-scale property owners, that means absorbing the difference with little recourse.

Governments Don’t Play by the Same Rules

While private landlords are bound by caps, local governments across B.C. continue to approve property tax hikes that dwarf inflation:

  • Vancouver (2024): +7.5% property tax increase

  • Victoria (2024): +6.96% property tax increase

These aren’t anomalies. Municipalities routinely justify higher taxes to cover growing budgets, infrastructure projects, and public sector wage increases.

At the provincial level, the pattern repeats. Public sector wages often rise faster than inflation. New programs and departments launch every year. Government spending expands — but without the same limits imposed on landlords or small businesses.

A Growing Burden on the Private Sector

Rent control is just one piece of a broader imbalance. Across B.C., private individuals and businesses face increasing controls, costs, and compliance requirements, including:

  • Privacy regulations (PIPA): New proposals for mandatory breach notifications and stricter consent rules, creating higher compliance burdens.

  • Employment standards: Rising minimum wage ($17.40/hour), mandatory paid sick leave, and new gig-work rules.

  • Zoning and development restrictions: Delays and unpredictable “community amenity contributions” that deter investment.

  • Environmental mandates: Businesses must meet carbon reporting, waste diversion, and energy efficiency targets — obligations often not applied to public infrastructure.

The Core Problem: A Lopsided System

This isn’t just ironic — it’s unjust. If inflation is the benchmark for limiting income growth, then it should apply across the board.

Governments cannot claim moral authority in protecting citizens from inflation while exempting themselves from the same discipline. Instead, landlords, small businesses, and private citizens are left to shoulder the weight of affordability and sustainability, while governments expand unchecked.

A Call for Fairness

It’s time for a more honest conversation about balance. If British Columbia is serious about inflationary restraint, it should start with the very institutions setting the rules.

Because fairness doesn’t mean holding one group back while another grows without limits. Fairness means applying the same discipline across the board.


A huge thank you to everyone who came out to our Customer Appreciation Event at the Vancouver Canadians game.

From the first pitch to the fireworks, it was an incredible evening surrounded by clients, friends, and community.

The game couldn’t have ended better; a homerun at the bottom of the 9th to win it for the Canadians!

Grateful for the support, the laughs, and the chance to celebrate together. Already looking forward to the next one.


Top 5 Tips for Finding the Right Tenant

Finding the perfect tenant can feel like hunting for a unicorn — rare, valuable, and maybe a little mythical. But with the right approach, you can greatly improve your odds of securing a renter who pays on time, respects your property, and makes the landlord life a whole lot smoother.

Here are my top five tips to help you find the right tenant:

1. Create a Rental Listing That Pops ✨

Your listing is your first impression, so make it count. Use an eye-catching headline, a detailed description of features and amenities, and plenty of professional photos. Be clear about rent, deposits, lease terms, and whether utilities are included. The clearer and more appealing your ad, the better-quality tenants you’ll attract.

2. Pre-Screen Before You Show 👀

Save yourself wasted time by asking potential tenants a few key questions upfront. Things like income level, preferred move-in date, and number of occupants can quickly tell you whether they’re a fit. Think of it as a quick filter before you start scheduling showings.

3. Use a Solid Rental Application 📝

A thorough application form is non-negotiable. Ask for personal details, proof of income, employment history, rental history, and written consent for a credit check. This step helps you gather all the information you need to make an informed decision.

4. Screen Like a Pro 🔍

Tenant screening is where the magic (and the truth) happens. Dig into credit history, employment records, and rental background. Don’t be afraid to use a screening service to save time and get reliable data. This is your chance to spot red flags before they turn into late payments or property damage.

5. Verify References 📞

Always, always call employers and previous landlords. Confirm job status, income, and get a sense of how the applicant behaved as a tenant. Did they pay rent on time? Were they respectful of the property and neighbors? A quick conversation can reveal more than any form ever will.

Finding the right tenant isn’t about filling your unit fast—it’s about filling it right. Taking the time upfront can save you months of stress, headaches, and costs down the road. Sometimes, waiting an extra month for the right renter is the smartest investment you’ll make.


Declining prices and high inventory strengthen buyer’s market heading into fall

SURREY, BC – Fraser Valley home sales fell more than 20 per cent in August, but buyers who did get into the market were able to take advantage of favourable conditions including abundant choice, softer prices and more time to make decisions.

The Fraser Valley Real Estate Board recorded 931 sales on its Multiple Listing Service® (MLS®) in August, down 22 per cent from July and down 13 per cent year-over-year. August sales were 36 per cent below the 10-year average.

The Fraser Valley buyer’s market remains strong with inventory levels holding relatively stable, down just two per cent to 10,445 active listings. Newly listed homes declined 19 per cent month-over-month to 2,793; up half a per cent year-over-year. The overall sales-to-active listings ratio for August dropped to nine per cent, down two per cent from July. The market is considered balanced when the ratio is between 12 per cent and 20 per cent.

Across the Fraser Valley in August, the average number of days to sell a condo was 41 days; while for a single-family detached home it was 38 days. Townhomes took, on average, 32 days to sell.

The composite Benchmark price in the Fraser Valley decreased 0.9 per cent in August, to $936,200.

MLS® HPI Benchmark Price Activity

• Single Family Detached: At $1,436,800, the Benchmark price for an FVREB single-family detached home decreased one per cent compared to July 2025 and decreased 5.7 per cent compared to August 2024.

• Townhomes: At $807,800 the Benchmark price for an FVREB townhome decreased 0.9 per cent compared to July 2025 and decreased 4.5 per cent compared to August 2024.

• Apartments: At $514,100 the Benchmark price for an FVREB apartment/condo decreased one per cent compared to July 2025 and decreased 5.9 per cent compared to August 2024.

For the latest statistics package, click HERE

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.