Courtesy of Amanda Milford

Declining prices and high inventory strengthen buyer’s market heading into fall

$1,436,800 detached DOWN 5.7% year-to-year

8.91%

$514,100 apartment DOWN 5.9% year-to-year DOWN 4.5% year-to-year $807,800 townhouse

SALES TO ACTIVE LISTING RATIO

11.2

MONTHS OF INVENTORY

10,445

ACTIVE LISTINGS

BENCHMARK PRICES

apartment 2,540 1,781 townhouse

detached 3,769

2,793

NEW LISTINGS

Statistics reflect market activity in August 2025 | Source: FVREB ® Fraser Valley Real Estate Board Market values stated are of the benchmark of Fraser Valley and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

931 SOLD LISTINGS

SOUTH SURREY & WHITE ROCK MARKET UPDATE – SEPTEMBER 2025

presentation, pricing, and patience are critical. Buyers are cautious but serious, and they’re responding to properties that show well and reflect today’s market reality — not last year’s. LOOKING AHEAD The economic uncertainty of 2025 has already been priced into the market, which is why we’re seeing this steady softening. The next interest rate announcement on Sept 17 could set the tone for how fall unfolds, but the fundamentals of choice, value, and slower pacing are already shaping decisions. A NOTE FOR FAMILIES IN TRANSITION Many of you are in a season of big decisions — whether it’s downsizing into something easier, upsizing for a few more years with kids at home, or helping parents and young adults make the right move. The good news is that today’s market gives you the time and flexibility to align your next step with your long-term plans. As always, I’m here to guide you through not only the numbers but the life transitions behind them.

The latest numbers confirm what many of you may already be sensing: the market is moving slowly, and it continues to favour buyers. • Average sale price is down 9.7% • Sales volume is down 41.7% — the lowest since 2023 • Sales-to-active ratio is 5.5% (buyers’ market) • Days on market are up 15.9% • Only 4.1% of all listings were successfully sold in August (37 out of 901 total listings) WHAT THIS MEANS FOR BUYERS For those looking to move up, downsize, or help family with their next step, the advantage is clear: more choice, softer prices, and less pressure to rush. This kind of market allows you to negotiate boldly, particularly on homes that have been sitting for a while where sellers may be more motivated. WHAT THIS MEANS FOR SELLERS On the flip side, sellers are competing in an environment where fewer than 1 in 20 homes listed actually sell. That means

COMPLIMENTS OF

604.330.2975 amanda.milford@theagencyre.com AMANDA MILFORD PERSONAL REAL ESTATE CORPORATION

Thank you Kevin for referring me to your friends. I truly appreciate your trust and look forward to seeing you at my VIP Event later this year!

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