Surrey’s housing market is seeing a shift. Recent numbers show Fraser Valley real estate sales are down 2% from August and 4% compared to last year. Inventory is now 31% above average, which means buyers have more options than usual. Single-detached house prices in Surrey have dropped between 7-11%, and we’re seeing similar trends with townhouses and condos. As someone who’s worked with clients across Surrey, Cloverdale, and beyond, I’m keeping a close eye on these changes for anyone planning their next move.
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