Real Estate Market in the Fraser Valley, BC
Key Metrics & Insights for Homebuyers and Investors
The Real Estate Market in the Fraser Valley is quickly becoming one of the most desirable places to live. Known for its vibrant community, beautiful landscapes, and affordable housing options, this region is attracting homebuyers and investors alike.
Why Choose the Fraser Valley?
Whether you're considering a family home or looking to invest in the growing real estate market, the Fraser Valley offers a variety of opportunities. Below, weโve gathered key real estate metrics and data to give you a deeper understanding of the current market trends in the Fraser Valley, including average sale prices, market activity, and more.
Overview of Fraser Valley Communities
The Fraser Valley, encompassing communities such as White Rock, Cloverdale, North Delta, Surrey, South Surrey, Langley, Abbotsford, and Mission, is a dynamic region in British Columbia.
Key Demographic and Economic Insights
The Fraser Valley Regional District (FVRD) has an estimated population of 337,000 as of 2021. The FVRD is one of the fastest-growing regional districts in the province, with an annual population change of 1.8% from 2017 to 2023. The region is expected to reach a population of half a million by 2050.
The average number of people per household has remained constant at 2.8 from 2001 to 2021, which is higher than the provincial average (2.4). The unemployment rate in the Fraser Valley was 5.7% as of November 2024, down 0.4% from the previous month.
- 353,301Population Growth
- $86,000Median Household Income
- 5.7%Unemployment Rate
- LowCrime Rate or Safety Index
Fraser Valley Market Update | Real Estate Trends
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1,500+ Properties for Sale
Fraser Valley Market Trends
