Real Estate Opportunity in 2025. A Positive Outlook.

The Fraser Valley real estate market is poised for a strong performance in the upcoming quarter, buoyed by growing buyer confidence, continued population growth, and a resilient regional economy. With interest rates showing signs of stabilization and inventory levels gradually rising, Q3 2025 is expected to offer a more balanced environment for both buyers and sellers.

With cautious optimism we are looking to early indicators that point to a rebound in sales activity. As interest rates, inflation and the tariff situation stabilize, buyer confidence should increase. When that happens, we should see demand flow back into the market, especially among first-time buyers and investors.

Inventory

For now, active listings continue to increase. Although sales are slow overall, competitive, well-priced homes are selling briskly. This upward trend in supply is helping to ease pressure on buyers, while supporting healthy price stability for sellers.

Price Stability

Although there has been some downward pressure on home pricing in recent months, home prices across the Fraser Valley including Surrey, South Surrey and White Rock are projected to remain stable. Year-over-year comparisons suggest a solid foundation for long-term growth, particularly in family-friendly suburban areas that continue to benefit from interprovincial migration and infrastructure improvements.

Opportunity

Improving market conditions and a more optimistic economic outlook are expected to combine to create a season of opportunity for the 3rd and 4th quarter of 2025. As always, real estate remains a long-term investment, and the City of Surrey continues to offer strong fundamentals, lifestyle appeal, and sustained value growth for those looking to make their next move. 

If you have been considering a move this year, lets chat. 

We can help in your decision-making process by sharing price, timing and cost considerations, with no obligation.

Jenn & Colin

Dear Clients, Friends and Neighbours,

On October 23rd The Bank of Canada lowered its overnight policy rate by 50 basis points from 4.25 per cent to 3.75 per cent.

In the statement accompanying the decision, the Bank noted that the economy continues to operate in excess supply and economic growth has been modest.  Further, the Bank stated that inflationary pressures are no longer broad-based, and that consumer and business inflation expectations have largely normalized. Moving forward the Bank anticipates inflation will remain close to its 2% target.

While the Bank normally reserves movements larger than 25 basis points for more urgent times it seems it preferred to catch-up all at once however, it has risked setting a new precedent and will have to communicate its intentions going forward very carefully to avoid a market over-reaction.

Although we have seen a slight uptick in Surrey and South Surrey housing sales over the last month, market conditions continue to be soft overall.

This latest rate cut will do a lot to restore consumer confidence and create windows of opportunity for those with variable rate mortgages, folks with fast approaching loan renewals, folks carrying credit debt and for first time home buyers.

Although unlikely to turn the tide dramatically, this super-size rate cut may start the process of opening the market up to those who have been on the sidelines for a long time.  Unsteady economic and interest rate conditions have caused many folks to delay listing their home and consequently their goals of buying up, making a lateral move or downsizing.

If you have been one of those households waiting for the tide to turn, now would be a good time to meet with your local realtor and chat about timing considerations as many expect the Bank will be cutting rates again in December.

Its likely an early spring market is in the cards, a trend we have seen in previous market turn-arounds.  Many analysts expect the 2025 spring market to come in hot as pent-up demand to make a move has been sustained over a much longer time than in recent history.

If that is the case, one would hope the spring market starts with some balance ie: a healthy supply of new inventory that nicely matches the rising demand. 

However, if the Bank of Canada cuts rates too fast or pent-up demand and buyer FOMO come on too strong housing prices could shoot up dramatically thus eliminating the advantages of lower borrowing costs.

Either way, if you have been thinking of making a move in the near future it will be important to speak to a real estate expert who can help illuminate the ever growing list of risks and opportunities.

We can help.  It’s what we do.

Jenn & Colin