FVREB – Record volume of new listings

FVREV STATS – February 2022

Buyers of Fraser Valley real estate had significantly more inventory to choose from last month due to a record-breaking volume of new listings received for the month of February.

By month end, February’s total active listings available for purchase were 3,790, a decrease of 8.0 per cent compared to the same month last year, however 62.5 per cent higher than what was available at the end of January. It’s the highest month-over-month increase in active listings in the Fraser Valley in 20 years.

MLS® HPI Benchmark Price Activity
• Single Family Detached: At $1,670,800, the Benchmark price for an FVREB single-family detached home
increased 6.5 per cent compared to last month and increased 43.6 per cent compared to February 2021.
• Townhomes: At $840,900, the Benchmark price for an FVREB townhome increased 5.6 per cent compared to
last month and increased 40.1 per cent compared to February 2021.
• Apartments: At $614,800 the Benchmark price for an FVREB apartment/condo increased 7.1 per cent
compared to last month and increased 36.3 per cent compared to February 2021.

Find the Fraser Valley Real Estate Board February Statistics Package here. 

Thanks, 
Sunny Kaler – PREC
REMAX Blueprint Realty