Fraser Valley Real Estate Market Update – June 2025

Fraser Valley Housing Market Heats Up for Summer

The Fraser Valley real estate market is heading into summer 2025 with continued momentum. Buyers and sellers are active, spurred on by stabilising interest rates and a steady supply of new listings. From Surrey to Abbotsford and Langley, the market shows signs of a healthy, balanced environment.

🏘️ Market Snapshot – June 2025 Highlights

• Sales activity is up by 8% month-over-month
• New listings have increased, offering more inventory for buyers
• Balanced conditions give both buyers and sellers negotiating room
• Well-priced homes are still moving quickly, especially in family neighbourhoods

📍 Fraser Valley Average Home Prices – June 2025

🔹 Prices are holding steady, with slight month-over-month increases in some areas.

💰 Interest Rate Outlook: Stability Builds Confidence

Interest rates remain in the 5.5%–5.7% range for most mortgage products. While the Bank of Canada did not cut rates this month, forecasts continue to suggest a potential reduction later this summer or early fall. This has boosted confidence, especially among first-time buyers and move-up buyers.

🎯 Advice for Sellers: Timing is Still on Your Side

The summer window is a prime time to list. With buyers actively shopping and inventory still below long-term averages, now is a great time to sell, especially if your home:

• Has been updated or renovated
• Offers outdoor living space
• Is located in a walkable neighbourhood or school catchment

➡️ Pro tip: Homes listed with professional photography and video tours are seeing faster sales and stronger offers.

🔍 Buyer Tips for June 2025

• Get pre-approved before touring homes
• Focus on neighbourhoods with growing infrastructure (e.g., Brookswood, Willoughby, East Abbotsford)
• Watch for price reductions on stale listings

With more selection on the market, buyers have room to negotiate — but desirable homes are still seeing multiple offers, particularly in the $900K–$1.2M range.

📈 Market Outlook for Summer 2025

Expect steady activity through June, July, and August, especially if rate cuts begin. We may see:

• Increased condo and townhouse sales due to affordability
• Higher investment interest in Chilliwack and Mission
• Stable pricing with potential upward pressure in popular areas

Thinking of Buying or Selling in the Fraser Valley?

Whether you’re a first-time buyer or a long-time homeowner, we can help you navigate the market with confidence. Our team provides personalised service and data-driven strategies to help you make the best move.

📞 Contact us today at 604-417-4706 for a free home evaluation or buyer consultation!