Surrey's August 2026 market has a genuine positive note — total sales are up 10% year-over-year across detached homes, one of only two annual gains recorded in the Fraser Valley since early 2025. Benchmarks are easing across all property types, but buyer activity is returning. Sellers who price accurately are finding results; the window is there for those who position correctly.
+10.1% vs Aug 2025
+0.8% vs Aug 2025
-14.4% vs Aug 2025
Surrey's detached market saw 152 sales in August — up 10.1% year-over-year, marking one of the few positive annual volume gains in the Fraser Valley market this year. Townhouse transactions held virtually flat year-over-year at 124 sales. The apartment segment was softer at 107 sales, down 14.4% from August 2025, reflecting the continued caution among condo buyers who have more options and more time than at any point in recent memory.
-8.3% vs Aug 2025 · -0.3% vs Jul 2026
-7.8% vs Aug 2025 · -1.0% vs Jul 2026
-9.5% vs Aug 2025 · -1.2% vs Jul 2026
Surrey's detached benchmark of $1,407,800 is down just 0.3% from July — essentially flat month-over-month, with the year-over-year correction moderating to -8.3%. South Surrey and Cloverdale continue to anchor the premium end, while North Surrey and Central Surrey offer the most accessible detached entry points in Metro Vancouver. Townhouses at $764,900 and apartments at $450,800 represent some of the best value in the region for buyers, which is precisely why accurate pricing for sellers matters so much — competition is real and buyers know it.
Source: Fraser Valley Real Estate Board (FVREB) Statistics Package, August 2026. City of Surrey Combined (North Surrey, Central Surrey, Cloverdale and South Surrey, excl. White Rock). Updated monthly.
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