Fraser Valley's real estate market in 2025 saw a 16% drop in sales from 2024 and a 33% decline from the 10-year average, despite high inventory and lower prices. New listings reached 37,963, the highest in four decades. The composite benchmark price fell 6% year-over-year to $905,900, down 24% from the 2022 peak. Surrey led sales with 48%, followed by Langley and Abbotsford. December sales declined 7.5% from the previous year, with prices continuing to decrease for most home types.
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