{"id":50416,"date":"2021-06-06T21:12:42","date_gmt":"2021-06-06T21:12:42","guid":{"rendered":"https:\/\/schreders.ca\/?p=50416"},"modified":"2022-11-16T14:05:42","modified_gmt":"2022-11-16T19:05:42","slug":"fraser-valley-real-estate-market-may-2021","status":"publish","type":"post","link":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/","title":{"rendered":"Fraser Valley Real Estate Market May 2021"},"content":{"rendered":"\n<h2 class=\"has-text-color wp-block-heading\" style=\"color:#8f060b\">Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand<\/h2>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\">MAY 2021 MARKET REPORT<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Fraser Valley Real Estate Report<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Yet again sounding like a broken record, in May the Fraser Valley Real Estate Board processed more sales than ever before.&nbsp; Despite this, it wasn&#8217;t just the same old song and dance though.&nbsp; After months and months of an extreme shortage of inventory, the board reported the second-highest volume of new listings ever this past month.&nbsp; This was an increase of about 40% more options for potential buyers to look at than they had in April.&nbsp; This is great for the real estate market as a whole.&nbsp; Properties are still selling, and still selling well, but it is not the chaos that we were growing used to.&nbsp; Buyers are able to take a breath, make an informed decision, and not feel pressured by the competition.&nbsp; As always, even more so than past months, there are great opportunities out there for both buyers and sellers.&nbsp; Let us help guide you and find the opportunity that is right for you.<br><\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-very-light-gray-background-color has-text-color has-background wp-block-paragraph\"><a href=\"https:\/\/schreders.ca\/langley-city\/\">See Listed Properties For Sale in Langley BC<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>If you are considering selling, buying or just have questions about the market<\/strong>, please give us a call today and <a href=\"https:\/\/schreders.ca\/contact\/\">let\u2019s chat<\/a>.<\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-very-light-gray-background-color has-text-color has-background has-medium-font-size wp-block-paragraph\"><strong><a href=\"https:\/\/schreders.ca\/blog\/fraser-valley-real-estate-market-april-2021\/\" data-type=\"post\">GO TO LAST MONTHS STATS<\/a><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"1035\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/Fraser-Valley-Market-2021-MAY-STATS-PACK-WEB.png\" alt=\"\" class=\"wp-image-50425\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/Fraser-Valley-Market-2021-MAY-STATS-PACK-WEB.png 800w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/Fraser-Valley-Market-2021-MAY-STATS-PACK-WEB-232x300.png 232w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/Fraser-Valley-Market-2021-MAY-STATS-PACK-WEB-791x1024.png 791w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/Fraser-Valley-Market-2021-MAY-STATS-PACK-WEB-768x994.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size wp-block-paragraph\" style=\"background-color:#8f060b;color:#ffffff\">All Fraser Valley Areas Combined <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -5.6%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -6.6% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH: 12.5% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-All-Areas-2021-MAY.png\"><img loading=\"lazy\" decoding=\"async\" width=\"981\" height=\"139\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-All-Areas-2021-MAY.png\" alt=\"\" class=\"wp-image-50428\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-All-Areas-2021-MAY.png 981w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-All-Areas-2021-MAY-300x43.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-All-Areas-2021-MAY-768x109.png 768w\" sizes=\"auto, (max-width: 981px) 100vw, 981px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size wp-block-paragraph\" style=\"background-color:#8f060b;color:#ffffff\">Abbotsford<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -18.6%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -10.5% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH: 1.5%  <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Abbotsford-2021-MAY.png\"><img loading=\"lazy\" decoding=\"async\" width=\"979\" height=\"136\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Abbotsford-2021-MAY.png\" alt=\"\" class=\"wp-image-50431\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Abbotsford-2021-MAY.png 979w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Abbotsford-2021-MAY-300x42.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Abbotsford-2021-MAY-768x107.png 768w\" sizes=\"auto, (max-width: 979px) 100vw, 979px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size wp-block-paragraph\" style=\"background-color:#8f060b;color:#ffffff\">Mission<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES UP FROM LAST MONTH:  7.2%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES UP FROM LAST MONTH:  33.3% <\/li><li><strong>Condo\/Apt<\/strong> &#8211;  SALES UP FROM LAST MONTH: 150.0% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Mission-2021-MAY.png\"><img loading=\"lazy\" decoding=\"async\" width=\"979\" height=\"137\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Mission-2021-MAY.png\" alt=\"\" class=\"wp-image-50432\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Mission-2021-MAY.png 979w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Mission-2021-MAY-300x42.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Mission-2021-MAY-768x107.png 768w\" sizes=\"auto, (max-width: 979px) 100vw, 979px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size wp-block-paragraph\" style=\"background-color:#8f060b;color:#ffffff\">White Rock \/ South Surrey<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -4.6% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES DOWN FROM LAST MONTH:  -9.3%  <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -2.3%   <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-White-rock-2021-MAY.png\"><img loading=\"lazy\" decoding=\"async\" width=\"981\" height=\"137\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-White-rock-2021-MAY.png\" alt=\"\" class=\"wp-image-50433\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-White-rock-2021-MAY.png 981w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-White-rock-2021-MAY-300x42.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-White-rock-2021-MAY-768x107.png 768w\" sizes=\"auto, (max-width: 981px) 100vw, 981px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size wp-block-paragraph\" style=\"background-color:#8f060b;color:#ffffff\">Langley<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES DOWN FROM LAST MONTH:  -9.9% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES DOWN FROM LAST MONTH:  -17.8% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH:  12.6% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Langley-2021-MAY.png\"><img loading=\"lazy\" decoding=\"async\" width=\"980\" height=\"137\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Langley-2021-MAY.png\" alt=\"\" class=\"wp-image-50436\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Langley-2021-MAY.png 980w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Langley-2021-MAY-300x42.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Langley-2021-MAY-768x107.png 768w\" sizes=\"auto, (max-width: 980px) 100vw, 980px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size wp-block-paragraph\" style=\"background-color:#8f060b;color:#ffffff\">Delta \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES DOWN FROM LAST MONTH:  -5.0% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES UP FROM LAST MONTH:  88.9% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH: 11.8% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Noth-Delta-2021-MAY.png\"><img loading=\"lazy\" decoding=\"async\" width=\"980\" height=\"137\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Noth-Delta-2021-MAY.png\" alt=\"\" class=\"wp-image-50440\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Noth-Delta-2021-MAY.png 980w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Noth-Delta-2021-MAY-300x42.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Noth-Delta-2021-MAY-768x107.png 768w\" sizes=\"auto, (max-width: 980px) 100vw, 980px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size wp-block-paragraph\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 Central<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES DOWN FROM LAST MONTH: -0.9% <\/li><li><strong>Townhouse<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -1.9% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH: 16.4% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-Central-2021-MAY.png\"><img loading=\"lazy\" decoding=\"async\" width=\"980\" height=\"138\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-Central-2021-MAY.png\" alt=\"\" class=\"wp-image-50443\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-Central-2021-MAY.png 980w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-Central-2021-MAY-300x42.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-Central-2021-MAY-768x108.png 768w\" sizes=\"auto, (max-width: 980px) 100vw, 980px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size wp-block-paragraph\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 Cloverdale<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -7.1% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES UP FROM LAST MONTH: 2.4% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH:  22.2% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-Cloverdale-2021-MAY.png\"><img loading=\"lazy\" decoding=\"async\" width=\"979\" height=\"137\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-Cloverdale-2021-MAY.png\" alt=\"\" class=\"wp-image-50444\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-Cloverdale-2021-MAY.png 979w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-Cloverdale-2021-MAY-300x42.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-Cloverdale-2021-MAY-768x107.png 768w\" sizes=\"auto, (max-width: 979px) 100vw, 979px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size wp-block-paragraph\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES UP FROM LAST MONTH:  8.6% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES DOWN FROM LAST MONTH:  -11.1% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH:  27.1% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-North-2021-MAY.png\"><img loading=\"lazy\" decoding=\"async\" width=\"979\" height=\"136\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-North-2021-MAY.png\" alt=\"\" class=\"wp-image-50445\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-North-2021-MAY.png 979w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-North-2021-MAY-300x42.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2021\/06\/FVREB-Surrey-North-2021-MAY-768x107.png 768w\" sizes=\"auto, (max-width: 979px) 100vw, 979px\" \/><\/a><\/figure>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size wp-block-paragraph\" style=\"background-color:#8f060b;color:#ffffff\"> What Does The Fraser Valley Real Estate Board Have To Say?  <\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">SURREY, BC \u2013 Fraser Valley\u2019s extraordinary pandemic real estate market continued to break sales records \u2013 for the<br>ninth consecutive month \u2013 while at the same time, reaching near\u2010historic levels of new listings in May.<br>In May, the Fraser Valley Real Estate Board (FVREB) processed 2,951 sales on its Multiple Listing Service\u00ae (MLS\u00ae),<br>an increase of 267 per cent compared to May 2020 and a 2 per cent decrease compared to April. (Note that last<br>year, the market was significantly restricted due to the lockdown.) The previous record high for sales in May for<br>the Fraser Valley region was 2,911 in 2016.<br>Larry Anderson, President of the Board, said, \u201cDemand hasn\u2019t changed. What\u2019s changed is supply. In the last three<br>months, buyers have 40 per cent more inventory to look at in the Fraser Valley and it\u2019s allowed them to take back<br>a little control.<br>\u201cWe\u2019re seeing resistance to multiple offers and buyers adjusting their offers, or even waiting, because they have<br>more selection. We\u2019re a long way from a balanced market, but supply is helping us to head in the right direction.\u201d<br>In May, the Board received the second\u2010highest volume of new listings ever; approaching May 2018 levels. The<br>Board received 3,926 new listings in May, an increase of 78 per cent compared to last year, and a decrease of 22<br>per cent compared to April 2021. The month ended with total active inventory sitting at 5,868, a 3 per cent<br>decrease compared to April, and 9 per cent less than May of last year.<br>Baldev Gill, Chief Executive Officer of the Board, added, \u201cIn the context of BC\u2019s Restart Plan, it\u2019s important to<br>remind consumers that for now, when it comes to working with a real estate professional or booking a private<br>showing, it\u2019s status quo. Currently, there is no easing of pandemic restrictions in the real estate sector and our<br>Board does not anticipate new guidelines for several weeks. Your REALTOR\u00ae will continue to guide you safely<br>through the buying and selling process, following all public safety protocols, for as long as necessary.\u201d<br>Across Fraser Valley, in May, the average number of days to sell a single\u2010family detached home was 14 and a<br>townhome was 12 days. Apartments took, on average, 20 days to sell.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>MLS\u00ae HPI Benchmark Price Activity<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Single Family Detached<\/strong>: At $1,323,300, the Benchmark price for an FVREB single\u2010family detached home increased 2.3 per cent compared to April 2021 and increased 33.6 per cent compared to May 2020..<\/li><li><strong>Townhomes:<\/strong> At $670,000, the Benchmark price for an FVREB townhome increased 2.7 per cent compared to April 2021 and increased 20.7 per cent compared to May 2020.<\/li><li><strong>Apartments:<\/strong>&nbsp;At $488,500, the Benchmark price for an FVREB apartment\/condo increased 2.0 per cent compared to April 2021 and increased 12.6 per cent compared to May 2020.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Find the May 2021 Statistics Package&nbsp;<a href=\"http:\/\/fvreb.bc.ca\/statistics\/Package202105.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n<hr>\n<h3 style=\"text-align: center\">Are you a stats geek?<\/h3>\n<h4 style=\"text-align: center\">Want to see a breakdown of all the numbers yourself? Sign up for a&nbsp;<strong>Full Monthly Statistics Package<\/strong> every month.<\/h4>\n<table style=\"background-color: #8f0509\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"width: 100%;text-align: center\">\n<h2><span style=\"color: #ffffff\">Get The Full Monthly Statistics Package<\/span><\/h2>\n<p>[su_button url=&#8221;https:\/\/services.ixactcontact.com\/iXactIntegration\/LeadCapture.aspx?pa1=mDqvei24ZHf5cJtWuzruQA%3D%3D&amp;pa2=KoKOtVgIxRWRMZuUkk%2Bg4Q%3D%3D&amp;pa3=GJu3Z4rE%2BhvFToc5zvvE7JQVXhcxkCXM&#8221; target=&#8221;blank&#8221; style=&#8221;flat&#8221; background=&#8221;#000000&#8243; color=&#8221;#ffffff&#8221; size=&#8221;8&#8243; center=&#8221;yes&#8221; radius=&#8221;0&#8243;]Sign Up![\/su_button]<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand MAY 2021 MARKET REPORT Fraser Valley Real Estate Report Yet again &hellip;<\/p>\n","protected":false},"author":2,"featured_media":8161,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,64],"tags":[],"class_list":["post-50416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-post","category-monthly-market-updates"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand MAY 2021 MARKET REPORT Fraser Valley Real Estate Report Yet again sounding like a broken record, in May the Fraser Valley Real Estate Board processed more sales than ever before. Despite this, it wasn&#039;t just the same old song and\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Schreder Brothers\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"News - Schreder Brothers Blog\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Fraser Valley Real Estate Market May 2021 - News\" \/>\n\t\t<meta property=\"og:description\" content=\"Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand MAY 2021 MARKET REPORT Fraser Valley Real Estate Report Yet again sounding like a broken record, in May the Fraser Valley Real Estate Board processed more sales than ever before. Despite this, it wasn&#039;t just the same old song and\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2021-06-06T21:12:42-07:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2022-11-16T19:05:42-08:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Fraser Valley Real Estate Market May 2021 - News\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand MAY 2021 MARKET REPORT Fraser Valley Real Estate Report Yet again sounding like a broken record, in May the Fraser Valley Real Estate Board processed more sales than ever before. Despite this, it wasn&#039;t just the same old song and\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/#blogposting\",\"name\":\"Fraser Valley Real Estate Market May 2021 - News\",\"headline\":\"Fraser Valley Real Estate Market May 2021\",\"author\":{\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/author\\\/schrederbrothers\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/01\\\/2020-The-Fraser-Valley-BC-Real-Estate-Board-Report-Blog-Header-002.png\",\"width\":800,\"height\":508,\"caption\":\"2020---The-Fraser-Valley-BC-Real-Estate-Board-Report-Blog-Header-002\"},\"datePublished\":\"2021-06-06T21:12:42-04:00\",\"dateModified\":\"2022-11-16T14:05:42-05:00\",\"inLanguage\":\"en-CA\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/#webpage\"},\"articleSection\":\"Blog Post, Monthly Statistics\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.schreders.ca\\\/blog\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/category\\\/blog-post\\\/#listItem\",\"name\":\"Blog Post\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/category\\\/blog-post\\\/#listItem\",\"position\":2,\"name\":\"Blog Post\",\"item\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/category\\\/blog-post\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/#listItem\",\"name\":\"Fraser Valley Real Estate Market May 2021\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/#listItem\",\"position\":3,\"name\":\"Fraser Valley Real Estate Market May 2021\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/category\\\/blog-post\\\/#listItem\",\"name\":\"Blog Post\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/#organization\",\"name\":\"Schreder Brothers\",\"description\":\"Schreder Brothers Blog\",\"url\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/author\\\/schrederbrothers\\\/#author\",\"url\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/author\\\/schrederbrothers\\\/\",\"name\":\"Schreder Brothers\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f61772cd786011565d5fe06227783b639cf46de69f54ded593082227f06ef4d7?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"Schreder Brothers\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/#webpage\",\"url\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/\",\"name\":\"Fraser Valley Real Estate Market May 2021 - News\",\"description\":\"Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand MAY 2021 MARKET REPORT Fraser Valley Real Estate Report Yet again sounding like a broken record, in May the Fraser Valley Real Estate Board processed more sales than ever before. Despite this, it wasn't just the same old song and\",\"inLanguage\":\"en-CA\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/author\\\/schrederbrothers\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/author\\\/schrederbrothers\\\/#author\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/01\\\/2020-The-Fraser-Valley-BC-Real-Estate-Board-Report-Blog-Header-002.png\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/#mainImage\",\"width\":800,\"height\":508,\"caption\":\"2020---The-Fraser-Valley-BC-Real-Estate-Board-Report-Blog-Header-002\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/fraser-valley-real-estate-market-may-2021\\\/#mainImage\"},\"datePublished\":\"2021-06-06T21:12:42-04:00\",\"dateModified\":\"2022-11-16T14:05:42-05:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/\",\"name\":\"News\",\"description\":\"Schreder Brothers Blog\",\"inLanguage\":\"en-CA\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.schreders.ca\\\/blog\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"Fraser Valley Real Estate Market May 2021 - News","description":"Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand MAY 2021 MARKET REPORT Fraser Valley Real Estate Report Yet again sounding like a broken record, in May the Fraser Valley Real Estate Board processed more sales than ever before. Despite this, it wasn't just the same old song and","canonical_url":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/#blogposting","name":"Fraser Valley Real Estate Market May 2021 - News","headline":"Fraser Valley Real Estate Market May 2021","author":{"@id":"https:\/\/www.schreders.ca\/blog\/author\/schrederbrothers\/#author"},"publisher":{"@id":"https:\/\/www.schreders.ca\/blog\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/01\/2020-The-Fraser-Valley-BC-Real-Estate-Board-Report-Blog-Header-002.png","width":800,"height":508,"caption":"2020---The-Fraser-Valley-BC-Real-Estate-Board-Report-Blog-Header-002"},"datePublished":"2021-06-06T21:12:42-04:00","dateModified":"2022-11-16T14:05:42-05:00","inLanguage":"en-CA","mainEntityOfPage":{"@id":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/#webpage"},"isPartOf":{"@id":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/#webpage"},"articleSection":"Blog Post, Monthly Statistics"},{"@type":"BreadcrumbList","@id":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.schreders.ca\/blog#listItem","position":1,"name":"Home","item":"https:\/\/www.schreders.ca\/blog","nextItem":{"@type":"ListItem","@id":"https:\/\/www.schreders.ca\/blog\/category\/blog-post\/#listItem","name":"Blog Post"}},{"@type":"ListItem","@id":"https:\/\/www.schreders.ca\/blog\/category\/blog-post\/#listItem","position":2,"name":"Blog Post","item":"https:\/\/www.schreders.ca\/blog\/category\/blog-post\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/#listItem","name":"Fraser Valley Real Estate Market May 2021"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.schreders.ca\/blog#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/#listItem","position":3,"name":"Fraser Valley Real Estate Market May 2021","previousItem":{"@type":"ListItem","@id":"https:\/\/www.schreders.ca\/blog\/category\/blog-post\/#listItem","name":"Blog Post"}}]},{"@type":"Organization","@id":"https:\/\/www.schreders.ca\/blog\/#organization","name":"Schreder Brothers","description":"Schreder Brothers Blog","url":"https:\/\/www.schreders.ca\/blog\/"},{"@type":"Person","@id":"https:\/\/www.schreders.ca\/blog\/author\/schrederbrothers\/#author","url":"https:\/\/www.schreders.ca\/blog\/author\/schrederbrothers\/","name":"Schreder Brothers","image":{"@type":"ImageObject","@id":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/f61772cd786011565d5fe06227783b639cf46de69f54ded593082227f06ef4d7?s=96&d=mm&r=g","width":96,"height":96,"caption":"Schreder Brothers"}},{"@type":"WebPage","@id":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/#webpage","url":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/","name":"Fraser Valley Real Estate Market May 2021 - News","description":"Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand MAY 2021 MARKET REPORT Fraser Valley Real Estate Report Yet again sounding like a broken record, in May the Fraser Valley Real Estate Board processed more sales than ever before. Despite this, it wasn't just the same old song and","inLanguage":"en-CA","isPartOf":{"@id":"https:\/\/www.schreders.ca\/blog\/#website"},"breadcrumb":{"@id":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/#breadcrumblist"},"author":{"@id":"https:\/\/www.schreders.ca\/blog\/author\/schrederbrothers\/#author"},"creator":{"@id":"https:\/\/www.schreders.ca\/blog\/author\/schrederbrothers\/#author"},"image":{"@type":"ImageObject","url":"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/01\/2020-The-Fraser-Valley-BC-Real-Estate-Board-Report-Blog-Header-002.png","@id":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/#mainImage","width":800,"height":508,"caption":"2020---The-Fraser-Valley-BC-Real-Estate-Board-Report-Blog-Header-002"},"primaryImageOfPage":{"@id":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/#mainImage"},"datePublished":"2021-06-06T21:12:42-04:00","dateModified":"2022-11-16T14:05:42-05:00"},{"@type":"WebSite","@id":"https:\/\/www.schreders.ca\/blog\/#website","url":"https:\/\/www.schreders.ca\/blog\/","name":"News","description":"Schreder Brothers Blog","inLanguage":"en-CA","publisher":{"@id":"https:\/\/www.schreders.ca\/blog\/#organization"}}]},"og:locale":"en_US","og:site_name":"News - Schreder Brothers Blog","og:type":"article","og:title":"Fraser Valley Real Estate Market May 2021 - News","og:description":"Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand MAY 2021 MARKET REPORT Fraser Valley Real Estate Report Yet again sounding like a broken record, in May the Fraser Valley Real Estate Board processed more sales than ever before. Despite this, it wasn't just the same old song and","og:url":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/","article:published_time":"2021-06-06T21:12:42-07:00","article:modified_time":"2022-11-16T19:05:42-08:00","twitter:card":"summary_large_image","twitter:title":"Fraser Valley Real Estate Market May 2021 - News","twitter:description":"Near record-breaking new listings in the Fraser Valley not enough to match insatiable buyer demand MAY 2021 MARKET REPORT Fraser Valley Real Estate Report Yet again sounding like a broken record, in May the Fraser Valley Real Estate Board processed more sales than ever before. Despite this, it wasn't just the same old song and"},"aioseo_meta_data":{"post_id":"50416","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2022-10-31 17:44:38","updated":"2025-06-05 14:17:48","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.schreders.ca\/blog\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.schreders.ca\/blog\/category\/blog-post\/\" title=\"Blog Post\">Blog Post<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tFraser Valley Real Estate Market May 2021\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.schreders.ca\/blog"},{"label":"Blog Post","link":"https:\/\/www.schreders.ca\/blog\/category\/blog-post\/"},{"label":"Fraser Valley Real Estate Market May 2021","link":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-may-2021\/"}],"_links":{"self":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/50416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/comments?post=50416"}],"version-history":[{"count":1,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/50416\/revisions"}],"predecessor-version":[{"id":70504,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/50416\/revisions\/70504"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media\/8161"}],"wp:attachment":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media?parent=50416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/categories?post=50416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/tags?post=50416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}