Fraser Valley Housing Statistics for January 2025- Buyer Opportunity ?

(February 05, 2025 )

The Fraser Valley Real Estate Board's (FVREB) January statistics reveal a substantial increase in housing inventory, the highest in a decade, which could create new opportunities for buyers. With new listings jumping by 167% from December to January, the housing market offers more options for potential buyers. Despite a more uncertain economic climate, home prices have remained largely stable, providing a favorable environment for buyers who may have been cautious due to previous market volatility. This combination of rising inventory and steady prices could benefit both first-time homebuyers and individuals looking to relocate within the Fraser Valley.


“The market appears to be in a holding pattern at the moment,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “There is no doubt that economic uncertainty is playing a role, especially the spectre of a trade war, which could lead to even more rate cuts by the Bank of Canada. The confluence of these conditions could provide unique buying opportunities, but we urge buyers and sellers to work with a REALTOR® to ensure they align with financial objectives.”


If you are thinking of buying a home in the next few months, give us a call for any questions you may have 604-309-5453




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