News Release
Fraser Valley Real Estate Board
Contact
Laurie Dawson, Assistant Manager, Communications laurie.dawson@fvreb.bc.ca
Fraser Valley Real Estate Board Telephone 604.930.7657
Fax 604.930.7623
www.fvreb.bc.ca
For Immediate Release: November 4, 2014
Increased demand for Fraser Valley townhouses
and single family homes
SURREY, BC – The Fraser Valley Real Estate Board processed 1,448 sales on its Multiple Listing Service (MLS®) in
October, an increase of 16 per cent compared to the 1,249 sales during the same month last year and 2 per cent
more than in September.
Ray Werger, the Board’s president, says, “Sales overall continue to outperform last year and as we’ve seen for a
number of months now are the best they’ve been in five years.
“Demand remains steady in our region for single family detached homes and townhomes. Last month, the market
share of sales of single family homes increased by almost five per cent compared to last year; while the share of
condo sales decreased by the same amount and we’re seeing that preference reflected in prices.”
The MLS® Home Price Index (MLS® HPI) benchmark price of a detached home in October was $573,500 an increase
of 4 per cent compared to October 2013, when it was $551,400.
The MLS® HPI benchmark price of townhouses increased 1 per cent from $295,500 in October 2013 to $298,500
last month. The benchmark price of apartments decreased year‐over‐year by 3.5 per cent, going from $199,500 in
October of last year to $192,600 in October 2014.
In the last five years, the HPI benchmark price of a detached home in the Fraser Valley has increased by 16.6 per
cent. For townhouses, the price is flat having increased by 0.5 per cent and for apartments; the price has
decreased by 6 per cent.
Werger adds, “With the influx of new developments and a steady supply of resale units, we’ve never had a better
selection of condos than we do right now at prices the lowest they’ve been in years. For those that say housing
isn’t affordable in Metro Vancouver, you need to check out the opportunities currently for condo buyers in the
Valley.”
In October, new listings in the Fraser Valley increased by 3 per cent, going from 2,336 last year to 2,395 last month
taking the number of active listings to 8,807, a decrease of 3 per cent compared to the 9,047 active listings in
October of 2013. “Inventory is edging down, which is typical for this time of year,” says Werger. “The result is
we’re seeing good quality homes that are priced right moving quickly.”

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News Release
Fraser Valley Real Estate Board
Contact
Laurie Dawson, Assistant Manager, Communications laurie.dawson@fvreb.bc.ca
Fraser Valley Real Estate Board Telephone 604.930.7657
Fax 604.930.7623
www.fvreb.bc.ca
For Immediate Release: September 3, 2014
August market typical for Fraser Valley real estate
SURREY, BC – Even with a characteristic seasonal dip in sales, the Fraser Valley real estate market experienced its
best August since 2011 with volumes improving over last year and finishing 10 per cent below the 10‐year average
for the month.
The Fraser Valley Real Estate Board processed 1,302 sales on the Multiple Listing Service® (MLS®) in August, an
increase of 3 per cent compared to the 1,258 sales during the same month last year and a decrease of 19 per cent
compared to the 1,615 sales in July.
Ray Werger, president of the Board, says, “As usual, we saw a typical summer slowdown in August compared to
July, however like every month so far in 2014, August sales were higher than last year. It’s the continuation of the
story we’ve seen all year; a return to a normal, balanced market.”
The Board added 2,382 new properties to the MLS® in August, an increase of 1 per cent compared to August of last
year and a decrease of 13 per cent compared to July. August finished with 9,403 active listings, a decrease of 7 per
cent compared to what was available during the same month last year.
Werger adds, “Generally in August, we saw sales of single family detached homes continue to outpace sales of
townhouses and condos in the Fraser Valley. Depending on what property type you’re thinking of listing or buying,
talk to your REALTOR® who will explain that the markets for detached and attached homes are quite different. We
have only five months’ supply of detached homes currently and nine months’ supply of condos.
“With interest rates as competitive as they are combined with the increase of affordable, new townhome
developments in Cloverdale and Langley in particular, we’re seeing first‐time buyers bypass the condo phase to
jump immediately to a larger, more expensive townhouse or a smaller single family home.”
The MLS® Home Price Index benchmark price of a single family detached house in the Fraser Valley in August was
$569,800, an increase of 3.4 per cent compared to $551,000 in August 2013.
For townhouses, the benchmark price in August was $298,500 on par with the August 2013 price of $298,200. The
benchmark price of apartments in Fraser Valley in August was $196,700, a decrease of 3.5 per cent compared to
$203,900 in August 2013.

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News Release
Fraser Valley Real Estate Board
Contact
Laurie Dawson, Assistant Manager, Communications laurie.dawson@fvreb.bc.ca
Fraser Valley Real Estate Board Telephone 604.930.7657
Fax 604.930.7623
www.fvreb.bc.ca
For Immediate Release: August 5, 2014
Market strength carries into summer for Fraser
Valley real estate
SURREY, BC – Continued demand for single family homes and townhomes resulted in the busiest July in five years
for the Fraser Valley Real Estate Board. The Board’s Multiple Listing Service® (MLS®) processed 1,615 sales in July,
an increase of 11 per cent compared to the 1,456 sales in July last year and 1.4 per cent above the 10‐year average
for the month.
Ray Werger, President of the Board, says, “July’s steady activity is a continuation of what we’ve been seeing all
year. Our market has fully recovered from last year’s slump and has returned to what we typically see in the Fraser
Valley, which is a steady, consistent market.”
In July, the Board received 2,724 new listings, a decrease of 2 per cent compared to July 2013 taking the number of
active listings in Fraser Valley to 9,636, a decrease of 8 per cent compared to the volume available in July 2013.
Werger says, “Although our sales were slightly above average for the month, the volume of new listings added to
the MLS® was 7 per cent lower than what’s typical for July, so for certain property types and price ranges we’re
actually seeing a shortage of listings creating a seller’s market for particular homes.
“When demand starts to exceed supply it puts upward pressure on prices and in areas such as White Rock/South
Surrey, North Delta and Langley we’ve seen an increase in benchmark prices of single family detached homes
ranging from 3 to 6.6 per cent over the last year. It’s a different story for condos. In most of our market, there’s
excellent selection and prices lower than they were one year ago offering tremendous opportunities for buyers.”
In July, the benchmark price, as determined by the MLS® Home Price Index (MLS® HPI), of a ‘typical’ single family
detached home was $568,300, an increase of 3 per cent compared to July 2013 when it was $551,000.
The HPI benchmark price of Fraser Valley townhouses increased by 0.2 per cent; going from $297,800 in July 2013
to $298,500 in July 2014. The benchmark price of apartments was $194,700 last month, a decrease of 3.6 per cent
compared to $202,000 in July of last year.

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SURREY, BC – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) processed 1,668 sales in June,
an increase of 26 per cent compared to the 1,327 sales in June of last year and 2 per cent higher than sales in May.
In terms of historical comparison, last month’s sales finished 7 per cent below the 10‐year average for June with
the previous best June occurring in 2010.
Ray Werger, President of the Board, says, “Recent news reports indicate that consumer optimism about real estate
is at its highest level in a number of years and we’re experiencing that at the ground level.
“Over the last three months, we’ve seen a surge in demand specifically for single family homes and townhomes in
most of our communities. Our number one buyer is families with children and they’re taking advantage of ultralow
interest rates combined with more affordable, stable prices in the Fraser Valley.”
In June, the benchmark price, as determined by the MLS® Home Price Index (MLS® HPI), of a ‘typical’ residential
home – detached, townhouse and apartment combined – was 1.3 per cent higher than June of last year. For the
single family detached home, the HPI benchmark price in June was $568,600, an increase of 3 per cent compared
to June 2013 when it was $552,200. This is a record high benchmark price for detached homes since the MLS® HPI
began in January 2005.
The HPI benchmark price of Fraser Valley townhouses decreased by 0.3 per cent; going from $298,700 in June
2013 to $297,800 in June 2014. The benchmark price of apartments was $197,000 last month, a decrease of 2.7
per cent compared to $202,500 in June of last year.
Werger adds, “We’re essentially seeing two markets right now, so it’s important to get advice dependent on what
you’re listing or buying. Competitively priced, mid‐range single family homes are being snapped up quickly, on
average in a little over a month, whereas condos and higher‐end, executive homes in our region are taking as long
as three months on average to sell. Talk to your REALTOR® to find out where you fit.”
The Board’s MLS® received 13 per cent more new listings in June, 2,974 compared to the 2,625 new listings
received during June of last year. The month finished with 9,853 active listings, a decrease of 6 per cent compared
to the 10,515 active listings available during June of last year.

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http://stats.fvreb.bc.ca/infoserv/s-v1/tRgW-m7L

 

从1970年起,历年菲莎河谷上市,成交数和成交平均价变化。80年代末,90年代初期大量房上市,同时大量成交。

我们也能发现,那个时期,大量新房动工,需求量巨大。在那段时期,大量新开发区涌现:包括在Fraser Heights, Fleetwood的大批新的Subdivide 小区。在Fleetwood,出现了大片Townhouse 区, Guildford出现大批Townhouse

和公寓。我没有深入研究那段时期,人口的增长情况,从房屋的需求量来看,应该是快速增长时期。

(Annual Sales, Listings and Average Price from 1970)图标来自Fraser Valley Real Estate Board



Annual sales, listings and average price from 1970(from Fraser Valley Real Estate Board).JPG

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