In January, Greater Vancouver’s housing market saw a 46.9% surge in new listings compared to a year before. Sales increased by 8.8% year-over-year to 1,552. Fraser Valley’s inventory hit a 10-year high, 54% above the 10-year average. The Greater Vancouver market remains in a balanced market, while Fraser Valley’s slower sales signal a buyer’s market.

Read the full report by GVR and FVREB.