The British Columbia Real Estate Association’s (BCREA) most recent housing forecast brings positive news for Surrey homeowners considering a move.
After a quieter couple of years, the outlook for the remainder of 2025 points to a healthier, more active market. Buyers who have been holding off are starting to recognize that waiting for greater certainty could mean missing opportunities.
This leaves Surrey set to benefit from renewed buyer demand and upward pressure on pricing.
Here are 5 reasons why now is a good time to sell …
Market activity is expected to pick up …
BCREA is projecting a solid increase in residential sales across the Fraser Valley through late 2025. Surrey, as one of the most desirable and fastest-growing cities in the region, is seeing this momentum firsthand. Buyers who paused during higher interest rate periods are now looking to come back, creating fresh energy and stronger demand. For sellers, this means more showings, more offers, and more opportunities to move forward confidently.
Home prices have been stable
While Surrey has been experiencing softer pricing over the last year the BCREA forecast calls for modest but stable growth in home values. This is good news for sellers who choose to position their home competitively in terms of asking price. Current benchmark pricing for detached homes in Surrey, Panorama, Cloverdale and White Rock range from $1.44,000 to $1.79,000. Townhomes $811,000 to $921k. Apartments $572, 000 to $588,000.
Inventory levels have been stable
Even though more listings are expected to hit the market this fall, Surrey’s housing supply remains relatively tight as new listings dropped over the summer. This is especially true in sought-after markets like Sullivan/Panorama, Cloverdale, South Surrey and White Rock. Sellers who go the extra mile to present their home well are more likely to stand out and sell quickly.
Interest rates are expected to come down
The Bank of Canada's policy rate is holding steady at 2.75% however several forecasts suggest the BOC might cut its rate further by year-end. The next BOC rate decision is scheduled for September 17th.
A unique window of opportunity
Surrey will continue to draw buyers thanks to its family-friendly communities, growing transit infrastructure, and proximity to Vancouver. Selling now allows you to take advantage of early market momentum while supply is still limited and pricing still stable. It’s a sweet spot that combines incoming demand with moderate supply.
The bottom line for sellers …
According to the BCREA’s latest forecast, the remainder of 2025 and into 2026 is shaping up to be a promising time to sell. A stabilized interest rate environment, a new wave of buyers, and market regulations designed to encourage market balance can all work together to help sellers achieve their real estate goals.
If you have been considering a fall list, give us a call. We can help you work through home values, timing considerations and calculate the costs associated with a move.
Jenn & Colin
604-583-2000
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