Below is a snapshot of current average prices of homes in the Fraser Valley for April 2022. The table shows the average price by property type and across the different cities in the Fraser Valley. These include North Delta, Surrey, Langley, Abbotsford and Mission.

It is looking like the peak of prices for this up cycle is in.  Some areas saw meaningful price declines month over month. One month does not make a trend, but it is looking like prices will plateau or even decline as the year progresses....

A snapshot in time of what the average price is for a detached house, townhouse and apartment in the Fraser Valley housing markets.  This graphic covers North Delta, Surrey, Langley, Abbotsford and Mission.

At a high level, here is generally what a home costs, as of month end March 2022, according to the Fraser Valley Real Estate Board:

 

If you are a buyer looking to buy a home in one of the Fraser Valley markets, I would be happy to assist and guide you. I can provide a more detailed...

Please click on the link below to get a recap of the key housing-related announcements from Canada's recently announced 2022 federal budget.

Below is the best summary I've come across, outlining what the Fed's are doing to help with affordability in Canada's housing market.

See: 

Federal Budget Cracks Down on Money Laundering, Speculative Real Estate Investment