{"id":27041,"date":"2026-01-07T10:10:27","date_gmt":"2026-01-07T18:10:27","guid":{"rendered":"https:\/\/www.roryc.ca\/blog\/?p=27041"},"modified":"2026-01-06T08:43:03","modified_gmt":"2026-01-06T16:43:03","slug":"ample-inventory-easing-prices-gave-buyers-the-most-meaningful-opportunities-in-fraser-valley","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2026\/01\/ample-inventory-easing-prices-gave-buyers-the-most-meaningful-opportunities-in-fraser-valley\/","title":{"rendered":"Ample Inventory &#038; Easing Prices Gave Buyers The Most Meaningful Opportunities in Fraser Valley"},"content":{"rendered":"<p style=\"text-align: justify;\">SURREY, BC \u2013 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.<\/p>\n<p style=\"text-align: justify;\">The Fraser Valley Real Estate Board recorded 12,224 sales on its Multiple Listing Service\u00ae (MLS\u00ae) in 2025, a decline of 16% over 2024 and 33% below the 10-year average. The City of Surrey accounted for the majority of 2025 sales at 48%, with Langley and Abbotsford accounting for 24% and 16% respectively.<\/p>\n<p style=\"text-align: justify;\">On the supply side, buyers had more choice than at any point in the past four decades, as new listings climbed to 37,963.<\/p>\n<p style=\"text-align: justify;\">The composite Benchmark home price in the Fraser Valley closed the year at $905,900, down 6% year-over-year, and down 24% from the peak in March 2022.<\/p>\n<p style=\"text-align: justify;\">\u201cAmple selection and easing prices gave buyers some of the most meaningful opportunities we\u2019ve seen in recent years,\u201d said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. \u201cWhile these conditions favoured motivated sellers in 2025, the hesitancy of many buyers to capitalize reflected the general market climate throughout the province and indeed across the country.\u201d<\/p>\n<p style=\"text-align: justify;\"><strong>December 2025<\/strong><\/p>\n<p style=\"text-align: justify;\">The Board recorded 919 sales on its MLS\u00ae in December, a decline of 2.5% from November, and 7.5% below sales from December 2024.<\/p>\n<p style=\"text-align: justify;\">In line with seasonal patterns, new listings fell sharply in December, declining 39% 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% in December, bringing the market into balanced territory to close out the year. The market is considered balanced when the ratio is between 12% and 20%.<\/p>\n<p style=\"text-align: justify;\">\u201cThe slowdown we saw in 2025 wasn\u2019t just about housing \u2014 it reflected broader economic uncertainty felt across the region,\u201d said Baldev Gill, CEO of the Fraser Valley Real Estate Board. \u201cHouseholds were navigating affordability challenges, rising costs and tougher mortgage requirements, all of which contributed to a quieter market.\u201d<\/p>\n<p style=\"text-align: justify;\">The composite Benchmark price for a typical home in the Fraser Valley continued to slide for the ninth straight month, down 0.7% compared to November.<\/p>\n<p style=\"text-align: justify;\"><strong>MLS\u00ae HPI Benchmark Price Activity<\/strong><\/p>\n<p style=\"text-align: justify;\">\u2022 Single Family Detached : At $1,388,400 the Benchmark price for an FVREB single-family detached home decreased 1.2% compared to November 2025 and decreased 6.2% compared to December 2024.<br \/>\n\u2022 Townhomes : At $781,300 the Benchmark price for an FVREB townhome increased 0.3% compared to November 2025 and decreased 5.7% compared to December 2024.<br \/>\n\u2022 Apartments : At $491,600 the Benchmark price for an FVREB apartment\/condo decreased 1% compared to November 2025 and decreased 7.5% compared to December 2024.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.fvreb.bc.ca\/statistics\/Package202512.pdf\" target=\"_blank\" rel=\"noopener\">Click here<\/a> to view the full statistics package.<\/p>\n<p><a href=\"https:\/\/www.fvreb.bc.ca\/fvrebpublic\/statistics\/sustained-elevated-inventories-soften-fraser-valley-home-prices-further-spurring-bump-in-sales-3-2-3\/\" target=\"_blank\" rel=\"noopener\">2025 Fraser Valley Housing Market Slowest in Over Two Decades Despite Falling Prices and Decade-High Inventory<\/a> by FVREB<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SURREY, BC \u2013 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 &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2026\/01\/ample-inventory-easing-prices-gave-buyers-the-most-meaningful-opportunities-in-fraser-valley\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-27041","post","type-post","status-publish","format-standard","hentry","category-market-updates","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ample Inventory &amp; Easing Prices Gave Buyers The Most Meaningful Opportunities in Fraser Valley &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2026\/01\/ample-inventory-easing-prices-gave-buyers-the-most-meaningful-opportunities-in-fraser-valley\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ample Inventory &amp; Easing Prices Gave Buyers The Most Meaningful Opportunities in Fraser Valley &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"SURREY, BC \u2013 Decade-high inventory and softer prices failed to spark buyer demand in the Fraser Valley in 2025. 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