Bookmark REBGV monthly stats page
REBGV publishes a monthly stats package with HPI benchmarks, sales-to-active ratios, and sub-area breakdowns. Available free at rebgv.org under "Monthly Market Stats."
Bookmark FVREB stats (if searching Fraser Valley)
If your search extends to Surrey, Langley, Abbotsford, or Mission, the Fraser Valley Real Estate Board publishes its own monthly package at fvreb.bc.ca.
Check CMHC Housing Market Information Portal
CMHC's portal (housing-information.cmhc-schl.gc.ca) provides rental vacancy rates, housing starts data, and market assessments. Useful for understanding supply pipeline.
Follow Bank of Canada rate announcements
The Bank of Canada sets the policy rate 8 times per year. Each announcement can move variable mortgage rates immediately and fixed rates within days. Follow the schedule at bankofcanada.ca.
Use Zolo or HouseSigma for recent comparable sales
Zolo.ca and HouseSigma.com show recent sold prices (once they clear the board's reporting delay). Use these to estimate what a home you are considering would actually sell for - not what it is listed at.
Look up BC Assessment values for context
BC Assessment (bcassessment.ca) publishes annual assessed values each January. These reflect the property's value as of July 1 of the prior year. They are not market value, but they help you compare relative values within a neighbourhood.
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Key Takeaways
- REBGV and FVREB monthly stats are the gold standard - and they are free.
- BC Assessment values are useful context but are not current market value.
- Sold prices (via Zolo, HouseSigma, or your realtor) beat listing prices for estimating value.
Knowledge Check
BC Assessment values reflect the property's estimated value as of which date?
How often does the Bank of Canada make interest rate decisions?
Why should a buyer not rely solely on the listing price to estimate a home's value?
Disclaimer: This content is for general educational purposes only and does not constitute legal, financial, or real estate advice. Laws, regulations, tax rules, and government programs in British Columbia change frequently. Although I monitor and update this information frequently, it may not reflect the most current rules. Content last verified: 2026-04-20. Always verify current rules directly with the relevant government authority or consult a licensed professional (lawyer, accountant, or licensed REALTOR) before making real estate decisions. Ray Rasouli and Relta accept no liability for actions taken based on this educational content.
Sources (3)
- REBGV Monthly Market Report(retrieved 2026-04-20)
- FVREB Statistics(retrieved 2026-04-20)
- CREA MLS Home Price Index(retrieved 2026-04-20)