Sector professionals
Real estate market data
The Fraser Valley single-family detached benchmark was $1,374,800 in April 2026, down 8.8% year-over-year, the top tier that defines the seaside South Surrey and White Rock market, where ocean-view homes often exceed it.
Source : Fraser Valley Real Estate Board (FVREB), April 2026 (released May 4, 2026); benchmark is board-wide. https://www.fvreb.bc.ca/statistics/monthly-market-report/
Expert guides by profession
Frequently asked questions
Why is the south end among Surrey's priciest areas?
Seaside living, ocean views, mature neighbourhoods and strong demand from families and retirees keep prices high. Detached homes set the tone: the Fraser Valley detached benchmark was $1,374,800 in April 2026, and prized White Rock and South Surrey properties often trade well above that. (Fraser Valley Real Estate Board, April 2026.)
Is White Rock part of the City of Surrey?
No. White Rock is its own city, entirely surrounded by South Surrey, with a separate council, bylaws, zoning and property taxes. Its sales are reported through the Fraser Valley board, but rules and services differ from Surrey's, which matters for permits and development. (City of White Rock; City of Surrey.)
How much Property Transfer Tax will I pay on a high-end home?
BC's Property Transfer Tax is tiered, rising to 3% on value between $2 million and $3 million and an extra 2% on residential value above $3 million, so it adds up on south-end homes. First-time and newly built home exemptions exist up to provincial thresholds. (BC Ministry of Finance, Property Transfer Tax.)