{"id":601,"date":"2026-04-10T00:45:26","date_gmt":"2026-04-10T04:45:26","guid":{"rendered":"https:\/\/www.alexkliang.com\/blog\/?p=601"},"modified":"2026-04-10T00:45:26","modified_gmt":"2026-04-10T04:45:26","slug":"real-estate-market-update-prices-rise-for-first-time-in-nearly-a-year","status":"publish","type":"post","link":"https:\/\/www.alexkliang.com\/blog\/2026\/04\/10\/real-estate-market-update-prices-rise-for-first-time-in-nearly-a-year\/","title":{"rendered":"Real Estate Market Update: Prices Rise for First Time in Nearly a Year"},"content":{"rendered":"<div dir=\"auto\">\n<div class=\"xdj266r x14z9mp xat24cr x1lziwak x1vvkbs x126k92a\">\n<div dir=\"auto\">\n<p data-pm-slice=\"0 0 []\">The latest March numbers from the Fraser Valley and Greater Vancouver real estate boards confirm what many of us have been sensing on the ground: a market that is stabilizing and regaining confidence as we move into the spring season. After a period of adjustment, we are now seeing encouraging signs that conditions are becoming more balanced across our region.<\/p>\n<h3 style=\"text-align: center;\">A Clear Shift Toward Stability<\/h3>\n<p>Sales activity increased meaningfully in March, while inventory levels remained healthy. This combination is creating a more predictable environment for both buyers and sellers.<\/p>\n<p>Across the Fraser Valley, home sales rose month-over-month, and <strong>prices recorded their first modest increase in nearly a year.<\/strong> In Greater Vancouver, activity also strengthened as buyers began to re-engage with the market, supported by improved affordability and greater selection.<\/p>\n<p>More inventory has been a key factor. While listings remain higher than historical averages, this is helping reduce volatility and supporting long-term stability. An important foundation for future growth.<\/p>\n<h3 style=\"text-align: center;\">Local Snapshot: South Surrey &amp; White Rock<\/h3>\n<p>Our local market continues to demonstrate resilience and steady demand. In March, South Surrey recorded:<\/p>\n<ul>\n<li>52 detached home sales<\/li>\n<li>46 townhouse sales<\/li>\n<li>44 apartment\/condo sales<\/li>\n<\/ul>\n<p>These numbers reflect consistent activity across all property types and reinforce the enduring appeal of our coastal communities.<\/p>\n<p>The composite benchmark price for <a href=\"https:\/\/www.alexkliang.com\/listings\/city-South+Surrey+White+Rock\/type-House\/page-1\" target=\"_blank\" rel=\"noopener\">South Surrey<\/a> and <a href=\"https:\/\/www.alexkliang.com\/listings\/city-South+Surrey+White+Rock\/area-White+Rock\/page-1\" target=\"_blank\" rel=\"noopener\">White Rock<\/a> reached approximately $1,045,700, posting a modest 0.4% increase month-over-month. Another signal that pricing is beginning to level out after a period of adjustment.<\/p>\n<p>Values have stabilized, and the market is transitioning toward a more predictable and sustainable cycle.<\/p>\n<h3 style=\"text-align: center;\">The Luxury Market: Selective but Steady<\/h3>\n<p>The luxury segment throughout South Surrey, White Rock, and Greater Vancouver remains active, though more measured than during peak years.<\/p>\n<p>Buyers in the upper-end market are focused on value and quality, and well-prepared properties continue to stand out. Homes that are priced appropriately and presented at a high level are attracting serious interest, particularly in desirable neighbourhoods and lifestyle locations.<\/p>\n<p>What we are seeing is not a slowdown in demand, but a shift toward thoughtful decision-making, which can be an indicator of a mature and stable market.<\/p>\n<h3 style=\"text-align: center;\">Moving Forward, A Strategic Approach Matters<\/h3>\n<p>The data from March 2026 suggests that our local market is entering a new phase; one defined by stability, opportunity, and cautious optimism.<\/p>\n<p>Whether you are considering buying, selling, or simply evaluating your options, the most important step is working with a trusted professional who understands the nuances of this market and can develop a personalized strategy aligned with your goals.<\/p>\n<p>If you would like a tailored analysis of your home, your neighbourhood, or your next move, we would be happy to provide guidance.<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Thinking of buying or selling your home? Let\u2019s discuss how we can reach your real estate goals together!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div dir=\"auto\" style=\"text-align: center;\"><strong>Alex K. Liang<\/strong>: 604-817-5179 |\u00a0<strong>Parm Pooni<\/strong>: 604-657-1742<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-553\" src=\"https:\/\/www.alexkliang.com\/blog\/wp-content\/uploads\/2024\/11\/alex-and-parm-team-banner-mailchimp-1.jpg\" alt=\"\" width=\"2000\" height=\"500\" srcset=\"https:\/\/www.alexkliang.com\/blog\/wp-content\/uploads\/2024\/11\/alex-and-parm-team-banner-mailchimp-1.jpg 2000w, https:\/\/www.alexkliang.com\/blog\/wp-content\/uploads\/2024\/11\/alex-and-parm-team-banner-mailchimp-1-300x75.jpg 300w, https:\/\/www.alexkliang.com\/blog\/wp-content\/uploads\/2024\/11\/alex-and-parm-team-banner-mailchimp-1-1024x256.jpg 1024w, https:\/\/www.alexkliang.com\/blog\/wp-content\/uploads\/2024\/11\/alex-and-parm-team-banner-mailchimp-1-768x192.jpg 768w, https:\/\/www.alexkliang.com\/blog\/wp-content\/uploads\/2024\/11\/alex-and-parm-team-banner-mailchimp-1-1536x384.jpg 1536w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest March numbers from the Fraser Valley and Greater Vancouver real estate boards confirm what many of us have been sensing on the ground: a market that is stabilizing &hellip; [<a href=\"https:\/\/www.alexkliang.com\/blog\/2026\/04\/10\/real-estate-market-update-prices-rise-for-first-time-in-nearly-a-year\/\">read more<\/a>]<\/p>\n","protected":false},"author":2,"featured_media":605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[63,58,60,41,43,28,86,32,65,89,59,6,90,24,30,50,26,48],"class_list":["post-601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-alex-and-parm-team","tag-alex-k-liang","tag-alex-liang","tag-crescent-beach","tag-engel-volkers","tag-engel-and-volkers","tag-engel-and-volkers-ocean-park","tag-luxury-real-estate","tag-luxury-realtor","tag-ocean-park-realtor","tag-parm-pooni","tag-real-estate","tag-real-estate-market","tag-real-estate-market-update","tag-south-surrey","tag-south-surrey-realtor","tag-white-rock-real-estate","tag-white-rock-realtor"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.alexkliang.com\/blog\/wp-json\/wp\/v2\/posts\/601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alexkliang.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alexkliang.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alexkliang.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alexkliang.com\/blog\/wp-json\/wp\/v2\/comments?post=601"}],"version-history":[{"count":5,"href":"https:\/\/www.alexkliang.com\/blog\/wp-json\/wp\/v2\/posts\/601\/revisions"}],"predecessor-version":[{"id":607,"href":"https:\/\/www.alexkliang.com\/blog\/wp-json\/wp\/v2\/posts\/601\/revisions\/607"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.alexkliang.com\/blog\/wp-json\/wp\/v2\/media\/605"}],"wp:attachment":[{"href":"https:\/\/www.alexkliang.com\/blog\/wp-json\/wp\/v2\/media?parent=601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alexkliang.com\/blog\/wp-json\/wp\/v2\/categories?post=601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alexkliang.com\/blog\/wp-json\/wp\/v2\/tags?post=601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}