Market data
Surrey, BC — Market Data
The composite Home Price Index benchmark, month-over-month and year-over-year deltas, monthly sales, active inventory, and months of inventory for Surrey, drawn from the latest FVREB / REBGV monthly board release.
Market snapshot · March 2026
Surrey · HPI Benchmark
Benchmark price
$1.04M
Month over month
+0.4%
Fraser Valley Real Estate Board / Greater Vancouver REALTORS composite Home Price Index (HPI) — the industry-standard measure of typical home value, adjusted for property mix.
See the Surrey HPI chart on Market Insights
Source: Fraser Valley Real Estate Board · Real Estate Board of Greater Vancouver. Composite (all property types). HPI benchmarks are aggregate measures — specific properties may transact above or below.
How to read these numbers
The Home Price Index (HPI) benchmark is the industry-standard measure of typical home value in a defined market, mix-adjusted to control for the property types selling that month. Unlike a simple median, the HPI compares like to like — a benchmark detached home in Surrey this month versus the same benchmark home last month. That makes it the right metric for month-over-month and year-over-year comparisons.
Months of inventory (MOI) divides active listings by recent monthly sales — under 4 typically reads as a sellers’ market, 4 to 6 balanced, over 6 buyers’. Sales-to-active ratio is the inverse framing; the FVREB and REBGV both publish it. Both metrics are aggregate; specific property types and price bands can read differently than the composite.
HPI benchmarks are aggregate figures — a specific property in Surrey may transact above or below the benchmark depending on lot, condition, age, and the active buyer pool. Use the benchmark as the trend line, not the listing price.
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