February 2025 Real Estate Stats for the Fraser Valley

February 2025 Stats are out and guess what? We are now in a Balanced Market in the Fraser Valley but it really is more of a Buyer's Market with the increase in the number of home, townhomes and condos for sale.Sales - 866 units which is up 11% compared to January and down 27% compared to this time last year. Prices - median sales price was $1,060,000 this was up 3% year over year and up 1% fr ...

Market Stats - May 2023: Delayed spring activity boosts supply of property listings in the Fraser Valley

SURREY, BC – The Fraser Valley real estate market saw an injection of supply in May as new listings surged by more than 40 per cent over April. At 3,533, new listings were just below May 2022 levels (3,631) but slightly higher (2.7 per cent) than the ten-year average for the region. A welcome trend towards alleviating housing supply issues. “Typically we would see an influx of inventory ear ...
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Thinking of Buying? Things Buyers Should be Doing

Buying a property is a significant decision that requires careful consideration!    From research and financing options to negotiating and closing the deal, learn how to navigate the real estate market effectively, while having the help of an experienced local real estate agent that not only helps you find your dream home but educates you along the way.   Hi everybody, it’s Michael Cosbur ...
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Community Events in Brookswood

Hey everybody, it’s Michael Cosburn, your local Real Estate Agent with Homelife Benchmark Realty, out of the Brookswood office.   Here in Langley, you’ll never be bored with the variety of events going on, there’s always something to do!   As we head into the Summer, there’s an array of events in and around the community for all ages. From fathers day celebrations to seasonal markets!   ...
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Mortgage Rate Update: How They Affect You As A Seller

Hi everyone, Michael Cosburn here, a licensed real estate agent and Corporate Trainer for HomeLife Benchmark Realty out of the Brookswood office here in Langley!   If you're thinking about selling your home, whether it’s here in Brookwood or anywhere else, you need to pay close attention to mortgage rates and how these impact the Buyer’s ability to afford to make a purchase. Mortgage Rates ...
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Market Stats - April 2023: Spring sales hold steady in Fraser Valley real estate market

SURREY, BC – Despite persistent inventory shortfalls, housing sales in the Fraser Valley remained steady in April as buyers took advantage of the continued pause in interest rate hikes. In April, the Fraser Valley Real Estate Board (FVREB) processed 1,554 sales on its Multiple Listing Service® (MLS®), virtually unchanged compared to March and a slight decrease of 5.1 per cent compared to Apr ...
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South Surrey White Rock Open House!

We are proud to announce that this May 13th, 2:00 PM to 4:00 PM we will be hosting an Open House at 15338 Pacific Avenue in the South Surrey White Rock neighborhood, White Rock. This is an opportunity to visit this excellent House/Single Family for sale in beautiful South Surrey White Rock.Please come with any questions you may have. In the meantime you can take a virtual tour of this South S ...
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15338 Pacific Avenue, White Rock, BC

I just finished uploading this for sale, 15338 Pacific Avenue, White Rock, BC
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Introduction - Michael Cosburn, REALTOR

Hey everybody, it’s Michael Cosburn, your local Real Estate Agent with Homelife Benchmark Realty, out of the Brookswood office.   I thought it would be a good idea to give you a little introduction for those of you that don’t know me. Maybe you’ve seen my sign around or you’re getting my newsletter, which is great!   I hope you are enjoying that there in Brookswood, take pride in that! ...
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Referral Program

Hi everyone, it’s Michael Cosburn with Homelife Benchmark Realty Corp. here at the Brookswood office!   Today I thought I’d share with you my referral program…   Though, you may be asking yourself, what does that mean? Referral program?    To put it simply, if you have worked with me in the past and refer someone you know who would like to work with me (could be friends or family) and ...
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Market Stats - March 2023: Momentum continues to build in the Fraser Valley real estate market

SURREY, BC – March 2023 saw the second consecutive month of growth in sales in the Fraser Valley, and although still below seasonal norms, the trend is an encouraging sign that the region continues to head towards increased market stability. At 1,550, property sales posted on the FVREB’s Multiple Listings Service (MLS®) were 72.6 per cent higher than sales recorded last month. Although 39.9 ...
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