For buyers looking at attached properties, only the West Vancouver and Downtown areas fall within the balanced market range, while all other areas are considered to be sellers' markets. Notably, the Ladner area has a particularly high seller's market percentage of 56%.

This is a significant deviation from the situation in January, when four communities in the Metro Vancouver area were buyers' markets ten were balanced, and four were sellers'.

As for detached properties, seven areas are currently sellers' markets, while the rest are balanced, with the exception of West Vancouver, which is a buyers' market.


From January to February all communities in the Fraser Valley showed increases in sellers market territory. Cloverdale in particular had a selling rate of 56% 
Compare that to the December to January stats, where Abbotsford was the only community that did not see a significate decrease in the home selling rate for attached properties.
Overall, these fluctuations in the Real Estate market from area to area and month to month, demonstrate the importance of staying up-to-date on market trends and statistics to make informed decisions when buying or selling a property.

While the market may appear balanced overall, the limited selection of quality listings has led to a situation where some buyers are unexpectedly faced with multiple competitors bidding for the same property.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.