White Rock / South Surrey in September 2026
White Rock and South Surrey — which FVREB reports as a single “combined” category — recorded 150 total home sales in September 2026 (26.1% above September 2025): 60 detached, 47 townhouse, and 43 apartment sales, against 1,193 active listings. Detached sales rose 46.3% year over year and townhouse sales 62.1%, while apartments slipped 12.2%. The detached benchmark fell 2.2% on the month to $1,612,500 (7.4% lower on the year), townhouses fell 2.8% to $797,100 (11.2% lower on the year), and apartments fell 1.2% to $544,400 (7.7% lower on the year).
Fraser Valley board-wide context: Across the entire Fraser Valley board area (which includes Surrey, Langley, White Rock, Abbotsford, Mission, and other communities), the composite benchmark price was $861,300 in September 2026, down 1.0% month over month and 7.2% year over year. Total board-wide sales were 922, down 2.0% from August and 4.2% from a year earlier. New listings rose to 2,818 (up 18.8% from August, down 18.2% year over year), while active listings stood at 9,763 — 31% above the 10-year seasonal average. The board-wide sales-to-active-listings ratio was 9.4%, placing the overall market in buyer’s territory (a balanced market is defined as 12–20%). Homes took an average of 45 days to sell for detached, 38 days for townhomes and 46 days for condos, board-wide.
Source: Fraser Valley Real Estate Board (FVREB), Fraser Valley Housing Market Statistics, September 2026 news release, published October 5, 2026.
Benchmark Prices — White Rock / South Surrey
All three property categories declined both month over month and year over year in September, with townhouses posting the steepest annual drop at 11.2%. Note that FVREB tracks White Rock / South Surrey as a distinct area from “City of Surrey Combined” (North Surrey, Central Surrey, Cloverdale, and South Surrey outside this zone) — the two should not be compared directly as the same market.
| Property Type | Benchmark (HPI) | MoM | YoY | Sales (September) |
|---|---|---|---|---|
| Detached | $1,612,500 | ▼ 2.2% | ▼ 7.4% | 60 |
| Townhouse / Attached | $797,100 | ▼ 2.8% | ▼ 11.2% | 47 |
| Apartment / Condo | $544,400 | ▼ 1.2% | ▼ 7.7% | 43 |
Source: Fraser Valley Real Estate Board (FVREB), Fraser Valley Housing Market Statistics, September 2026 (White Rock / South Surrey area, reported separately from “City of Surrey Combined”).
Supply and Demand Breakdown
Source: Fraser Valley Real Estate Board (FVREB), Fraser Valley Housing Market Statistics, September 2026 (White Rock / South Surrey area). Months-of-supply is derived from FVREB’s published sales and active-listings counts.
What's Driving the Market
Buyer sentiment: FVREB Interim CEO Anthony Boone said, “Buyers have been waiting for months for greater economic certainty. But a succession of economic shocks have conspired to weigh on consumer confidence, keeping many buyers on the sidelines. Despite lower prices and more choice, buyers remain cautious, and that is being reflected in the pace of sales.” That’s especially visible in White Rock / South Surrey, where roughly 8.0 months of supply signals ample choice for buyers relative to current sales activity.
Affordability improving: FVREB Chair Ishaq Ismail said, “Prices continue to soften, with some areas of the Fraser Valley seeing more significant declines. The Benchmark price for a single-family home is now $460,000 below its March 2022 peak. For buyers who are in a position to act, this represents a significant shift in affordability.” With all three property types down both month over month and year over year, and the Bank of Canada’s overnight rate holding at 2.25%, some buyers are finding more room to qualify. The mortgage stress test still requires qualifying at the greater of the contract rate + 2% or 5.25% — see our 2026 OSFI stress test guide for how this affects borrowing power.
High inventory: With active listings running well above the pace of monthly sales, White Rock / South Surrey currently shows some of the highest relative supply of the areas covered in this report series, reinforcing the buyer-favourable conditions across the wider Fraser Valley.
Key Terms
White Rock Rents
An area-specific rent figure for White Rock was not available at the time of publication. For current Metro Vancouver and Fraser Valley rent trends, see our Canadian rent report. Wondering whether renting or buying makes more sense at today's White Rock prices? Try our rent vs. buy calculator.