INFOGRAPHICS: December 2025 FVREB Fraser Valley Market Reports

Real Estate Landing Pages to Promote Neighbourhoods

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

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.

“Ample selection and easing prices gave buyers some of the most meaningful opportunities we’ve seen in recent years,” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. “While 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.”

Read the full report on the FVREB website!

The following data is a comparison between December 2025 and December 2024 numbers, and is current as of January of 2026. For last month’s report, check out our previous infographic!

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These infographics cover current trends in Fraser Valley neighbourhoods that are within the FVREB. Click on the images for a larger view!