40,000 $500,000
$450,000
35,000
$400,000
30,000
$350,000
25,000
$300,000
20,000 $250,000
$200,000
15,000
$150,000
10,000
$100,000
5,000
$50,000
- $-
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
$0
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
Average Price, residential detached homes, all Fraser Valley
2002
2003
2004
2005
2006
2007
2008
2009
Benchmark Price, By Type, Fraser Valley
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Housing Price Index, Fraser Valley
300
275
250
225
Housing Price Index value
200
175
150
125
100
75
50
25
0
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Sales-to-Active Listings Ratio, All Types, Fraser Valley
45
40
35
30
25
Sellers Market
20 Balanced Market
15 Buyers Market
10
5 Ratio in
January: 5%
0
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Sales, Listings & Active Inventory, All Types, Fraser Valley
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Housing Price Index - Fraser Valley
January 2009
BENCHMARK INDEX ONE MONTH THREE MONTH SIX MONTH ONE YEAR THREE YEAR FIVE YEAR
PRICE (HPI) % CHANGE % CHANGE % CHANGE % CHANGE % CHANGE % CHANGE
DETACHED ABBOTSFORD $385,263 193.5 0.1 -8.2 -10.9 -10.3 10.6 44.3
continued ABBOTSFORD CENTRAL POPLAR $345,397 194.6 0.3 -6.7 -9.5 -9.7 14.3 43.2
ABBOTSFORD EAST $422,576 193.3 2.0 -9.2 -11.6 -9.5 13.5 49.4
ABBOTSFORD WEST $372,160 192.8 -2.0 -8.1 -10.9 -11.3 5.8 49.9
TOWNHOUSE FRASER VALLEY BOARD $295,339 187.7 -0.3 -7.5 -9.8 -8.5 15.5 51.2
NORTH SURREY GUILDFORD $277,299 237.7 13.3 -5.8 -7.2 -4.8 20.9 67.8
SURREY $300,367 186.4 1.3 -5.8 -8.4 -4.6 19.7 54.9
SURREY FLEETWOOD $325,728 173.7 -3.5 -6.9 -11.0 -8.1 13.1 40.7
SURREY OTHER $289,805 192.3 3.5 -5.3 -7.3 -3.0 22.8 61.8
SOUTH SURREY & WHITE ROCK $401,373 169.6 -3.2 -9.3 -9.6 -10.7 6.0 40.4
LANGLEY $290,204 184.2 -1.0 -8.8 -9.3 -9.8 15.9 45.4
ABBOTSFORD $251,084 185.5 -5.2 -7.7 -13.6 -12.4 13.0 53.6
APARTMENT FRASER VALLEY BOARD $220,595 238.1 -7.2 -10.2 -13.3 -12.9 22.0 80.7
NORTH SURREY $205,382 240.0 -10.3 -15.6 -16.6 -16.1 15.3 83.9
NORTH SURREY WHALLEY $206,943 261.2 -5.5 -10.0 -15.1 -17.2 12.8 93.1
NORTH SURREY GUILDFORD $204,029 222.3 -14.4 -20.3 -17.9 -15.1 17.5 76.1
SOUTH SURREY WHITE ROCK $312,806 229.7 -4.9 -6.5 -7.9 -9.2 28.6 67.9
LANGLEY $221,451 217.5 -3.0 -4.5 -8.9 -5.5 26.9 80.8
ABBOTSFORD $186,705 256.5 -8.2 -10.4 -16.2 -16.6 21.9 87.4
ACREAGE FRASER VALLEY BOARD $771,068 228.0 -2.1 -7.4 -3.2 -11.9 22.8 60.4
SURREY, CLOVERDALE & N. SURREY n/a n/a n/a n/a n/a n/a n/a n/a
SOUTH SURREY & WHITE ROCK $902,327 228.3 -13.1 -15.3 13.6 -7.0 25.5 47.0
LANGLEY $827,232 237.8 -9.4 0.2 -8.0 -10.0 9.9 76.2
ABBOTSFORD $830,593 235.5 27.0 -6.8 -4.5 -37.9 36.3 76.1
MISSION n/a n/a n/a n/a n/a n/a n/a n/a
RESIDENTIAL FRASER VALLEY BOARD $405,211 198.3 -2.7 -7.8 -10.3 -9.9 14.5 52.3
DETACHED FRASER VALLEY BOARD $452,145 192.7 -2.6 -7.5 -10.6 -9.6 12.4 44.5
NORTH DELTA $452,705 199.5 -0.7 -3.7 -10.6 -8.9 10.7 47.7
NORTH DELTA ANNIEVILLE $440,919 218.3 -0.2 0.6 0.2 -4.7 23.7 52.6
NORTH DELTA NORDEL $456,867 196.6 -2.9 1.4 -10.5 -8.0 13.0 47.8
NORTH DELTA SCOTTSDALE $389,543 194.0 6.9 -6.5 -11.3 -13.9 2.9 43.1
NORTH DELTA SUNSHINE HILLS & WOODS $529,778 186.6 -6.0 -9.0 -18.3 -8.2 6.4 48.2
NORTH SURREY $435,424 189.4 -7.7 -7.5 -7.8 -8.1 13.7 46.4
NORTH SURREY BOLIVAR HEIGHTS $366,937 185.9 -0.5 -9.1 -7.2 -1.0 13.1 40.0
NORTH SURREY CEDAR HILLS $354,605 186.3 -10.2 -12.1 -12.4 -16.2 5.3 47.4
NORTH SURREY FRASER HEIGHTS $663,094 197.1 -1.0 2.2 -1.2 0.4 26.8 53.3
NORTH SURREY GUILDFORD $418,547 191.3 -8.7 -5.5 -9.8 -11.9 12.4 45.2
NORTH SURREY OTHER $351,865 182.9 -18.5 -15.5 -11.4 -15.4 5.9 43.2
SOUTH SURREY & WHITE ROCK $644,994 195.7 2.9 -9.5 -11.1 -10.5 14.4 45.6
SOUTH SURREY CRESCENT BCH OCEAN PRK $699,106 226.0 6.2 -10.7 -6.9 0.0 7.7 21.7
SOUTH SURREY ELGIN CHANTRELL $1,018,632 202.4 6.9 -0.7 -1.4 -8.4 53.6 57.5
SOUTH SURREY KING GEORGE CORRIDOR $476,304 179.1 7.9 -4.1 -15.9 -15.3 10.1 41.5
SOUTH SURREY SOUTH-EAST $837,144 182.1 -8.2 -15.8 -11.9 -9.4 16.3 54.8
SOUTH SURREY SUNNYSIDE PARK $580,459 175.1 -8.0 -16.7 -13.4 -13.8 4.9 42.4
SOUTH SURREY WHITE ROCK $569,185 194.4 6.4 -9.6 -14.5 -15.2 11.2 44.7