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Home sales rise in October, but Fraser Valley buyer’s market shows little sign of shifting
Despite a seasonal increase in monthly sales, the Fraser Valley housing market continues to contend with subdued demand, ample supply and cautious buyers, with little change in the balance between buyers and sellers.
The Fraser Valley Real Estate Board recorded 1,051 sales on its Multiple Listing Service® (MLS®) in October, a 14 per cent increase from September but six per cent below sales from the same month last year.
“Detached homes continued to lead sales activity in October, significantly outpacing both townhomes and apartments,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “This is a trend we’ve been watching in recent months, and improving affordability in the detached segment may be helping sustain that demand. The substantial price correction appears to be bringing detached homes within reach for more buyers.”
Inventory declined in October, in keeping with typical seasonal patterns. A total of 2,551 new listings came to market, down 10 per cent from September. Overall inventory also softened, falling six per cent month-over-month and 10 per cent from October 2025 to 9,164 active listings.
Read the full report on the FVREB website!
The following data is a comparison between October 2026 and October 2025 numbers, and is current as of November of 2026. For last month’s numbers, check out our previous infographic!
Or follow this link for all our FVREB Infographics!
These infographics cover current trends in Fraser Valley neighbourhoods that are within the FVREB. Click on the images for a larger view!

More choice, lower prices giving hesitant Fraser Valley homebuyers
options
Fraser Valley home buyers remained cautious despite continued weakening prices, as September sales failed to keep pace with the seasonal rise in new listings.
The Fraser Valley Real Estate Board recorded 922 sales on its Multiple Listing Service® (MLS®) in September, a two per cent decrease from August and four per cent below sales from the same month last year. Subdued demand continues to weigh on prices, with the composite Benchmark price for a typical Fraser Valley home falling one per cent in September and seven per cent from one year ago.
“Prices continue to soften, with some areas of the Fraser Valley seeing more significant declines,” said
Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “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 and may create an opportunity for some households to move into a different segment of the market.”
After a quieter summer, more sellers returned to the market in September, bringing 2,818 new listings, up 19 per cent from August, but 18 per cent below the same month last year. Overall inventory remained unchanged in September, with 9,763 active listings on the market, a 0.2 per cent decline from August, but still 31 per cent above the 10-year seasonal average.
Read the full report on the FVREB website!
The following data is a comparison between September 2026 and September 2025 numbers, and is current as of October of 2026. For last month’s report, check out our previous infographic!
Or follow this link for all our FVREB Infographics!
These infographics cover current trends in Fraser Valley neighbourhoods that are within the FVREB. Click on the images for a larger view!

Fraser Valley sellers feel the squeeze as buyers take their time
A deepening buyer’s market in the Fraser Valley is giving buyers more time to make their move, as sales continued to slow in August.
The Fraser Valley Real Estate Board recorded 941 sales on its Multiple Listing Service® (MLS®) in August, a 14 per cent decrease from July but one per cent above sales from the same month last year. The year-over- year increase marks only the second annual gain since the beginning of 2025, a modest bright spot in a market where overall demand remains subdued and prices continue to ease.
“We’re seeing a bit of a tug-of-war between buyers and sellers right now,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “Some buyers are seeing an opportunity to negotiate below asking price, while sellers who need to sell are more likely to accept lower offers. That dynamic is contributing to the gradual decline in home prices we are seeing across the Fraser Valley, which ultimately creates more opportunities for those looking to get into the market.”
The summer slowdown was also reflected in fewer homes coming to market, as some sellers held off on listing. The Fraser Valley saw 2,373 new listings in August—a 16 per cent decline from July and 15 per cent below the same month last year. Overall inventory also edged down in August, with 9,787 active listings on the market, a three per cent decline from July, but still 33 per cent above the 10-year seasonal average.
The Fraser Valley remains in a buyer’s market with a sales-to-active listings ratio of 10 per cent in August. A balanced market is typically defined by a ratio between 12 and 20 per cent.
Read the full report on the FVREB website!
The following data is a comparison between August 2026 and August 2025 numbers, and is current as of September of 2026. For last month’s report, check out our previous infographic!
Or follow this link for all our FVREB Infographics!
These infographics cover current trends in Fraser Valley neighbourhoods that are within the FVREB. Click on the images for a larger view!

Improving affordability continues to outpace buyer demand
Fraser Valley home prices continued to edge downward in July, with the composite Benchmark price down 0.8 per cent from June and down seven per cent year-over-year. Despite improving affordability, buyers remained cautious, keeping sales well below typical seasonal levels.
The Fraser Valley Real Estate Board recorded 1,089 sales on its Multiple Listing Service® (MLS®) in July, a five per cent decrease from June and nine per cent below the same month last year.
“Buyer urgency has been notably absent from the Fraser Valley market for some time now,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “With inventory remaining high and competition subdued, buyers know they don’t have to rush. They can take their time evaluating their options, knowing they can return to a market that continues to offer plenty of choice.”
Read the full report on the FVREB website!
The following data is a comparison between July 2026 and July 2025 numbers, and is current as of August of 2026. For last month’s report, check out our previous infographic!
Or follow this link for all our FVREB Infographics!
These infographics cover current trends in Fraser Valley neighbourhoods that are within the FVREB. Click on the images for a larger view!

Fraser Valley is becoming more affordable — but buyers are still
holding back
Home prices in the Fraser Valley continued to become more affordable in June, with Benchmark prices now sitting 26 per cent below their 2022 peak. Prices edged down another 0.9 per cent during the month, reinforcing buyer-friendly conditions despite a sluggish market.
The Fraser Valley Real Estate Board recorded 1,147 sales on its Multiple Listing Service® (MLS®) in June, a two per cent increase from May, but four per cent below the same month last year. After pulling back in May, seller activity levelled off in June, with 3,303 new listings—virtually unchanged from May—but still nine per cent below last year’s pace.
“The Fraser Valley spring market has underperformed expectations despite improving affordability and more choice for buyers,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “Opportunities are clearly there. The question is whether qualified buyers on the sidelines recognize the value available today. For those looking to enter the market or move up, current conditions present a compelling opportunity.”
Read the full report on the FVREB website!
The following data is a comparison between June 2026 and June 2025 numbers, and is current as of July of 2026. For last month’s report, check out our previous infographic!
Or follow this link for all our FVREB Infographics!
These infographics cover current trends in Fraser Valley neighbourhoods that are within the FVREB. Click on the images for a larger view!

Falling prices open the door for Fraser Valley move-up buyers
A modest increase in Fraser Valley home sales in May suggests buyers remain engaged, albeit cautiously as economic uncertainty continues to temper the pace of the spring market.
The Fraser Valley Real Estate Board recorded 1,124 sales on its Multiple Listing Service® (MLS®) in May, a 0.5 per cent increase from April, but five per cent below the same month last year. Single-family homes remained the most active segment of the Fraser Valley market in May, generating more sales than townhouses and apartments.
“We’re seeing limited activity from first-time buyers right now, with much of the market being driven by homeowners looking to move up,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “As prices in the detached segment have become more attainable, buyers with existing equity are finding opportunities to transition into larger homes and market segments that were out of reach just a few years ago.
Read the full report on the FVREB website!
The following data is a comparison between May 2026 and May 2025 numbers, and is current as of June of 2026. For last month’s report, check out our previous infographic!
Or follow this link for all our FVREB Infographics!
These infographics cover current trends in Fraser Valley neighbourhoods that are within the FVREB. Click on the images for a larger view!

Rising sales and price gains hint at stability in the Fraser Valley housing market
For the first time in more than a year, Fraser Valley home sales recorded a year-over-year increase, with activity also rising month-over-month as the spring market begins to show renewed activity. The Fraser Valley Real Estate Board recorded 1,118 sales on its Multiple Listing Service® (MLS®) in April, an 11 per cent increase from March and seven per cent above the same month last year.
Sellers continued to enter the spring market, with new listings rising six per cent from March to 3,549 — still above seasonal norms, but lower than this time last year.
“Market activity is picking up as we move through the spring, but overall conditions remain firmly in buyers’ favour,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “With inventory at healthy levels and housing affordability improving, buyers continue to have the advantage, although confidence remains tempered by ongoing economic uncertainty and persistent market headwinds.”
Read the full report on the FVREB website!
The following data is a comparison between April 2026 and April 2025 numbers, and is current as of May of 2026. For last month’s report, check out our previous infographic!
Or follow this link for all our FVREB Infographics!
These infographics cover current trends in Fraser Valley neighbourhoods that are within the FVREB. Click on the images for a larger view!

Fraser Valley home prices level off amid improving affordability
After nearly a year of steady price declines, the Fraser Valley housing market is beginning to
show early signs of stabilizing, with Benchmark prices edging up month-over-month for the first time in 11 months. While March sales activity picked up over the previous month, year-over-year sales throughout the first quarter of 2026 continue to stumble, reflecting a market where buyer caution still lingers.
The Fraser Valley Real Estate Board recorded 1,007 sales on its Multiple Listing Service® (MLS®) in March, a 20 per cent increase from February, but three per cent below the same month last year and 42 per cent below the ten-year seasonal average. After a decline in February, new listings increased in March, up 20 per cent to 3,341, suggesting some sellers are eager to get ahead of the spring market despite sales activity remaining soft and well below typical seasonal levels.
“We’re encouraged to see early signs of prices levelling off in the Fraser Valley,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “While sales remain below last year’s levels, this market is presenting a rare window — with greater choice, improved affordability, and meaningful incentives, particularly in the condo segment — for buyers who are ready to make a move with the right professional guidance.”
Read the full report on the FVREB website!
The following data is a comparison between March 2026 and March 2025 numbers, and is current as of April of 2026. For last month’s report, check out our previous infographic!
Or follow this link for all our FVREB Infographics!
These infographics cover current trends in Fraser Valley neighbourhoods that are within the FVREB. Click on the images for a larger view!

Fraser Valley market shows early bloom with February sales lift
The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing over January, but continuing to trail typical levels for this time of year.
The Fraser Valley Real Estate Board recorded 843 sales on its Multiple Listing Service® (MLS®) in February, a 36 per cent increase from January, but 38 per cent below the ten-year seasonal average. New listings declined nine per cent in February to 2,796, suggesting some sellers are choosing to wait amid competitive inventory levels, and may be positioning their homes for the peak of the spring market.
“Buyer-friendly conditions continue to define the Fraser Valley market,” said Tore Jacobsen, Chair of the
Fraser Valley Real Estate Board. “While we did see a welcome bump in sales over January, they remain well below seasonal averages. With ample inventory and soft prices, this window may prove to be a key buying opportunity, particularly as prices settle. As we move closer to spring, we’re hopeful that improved economic stability will encourage more buyers to re-enter the market.”
Read the full report on the FVREB website!
The following data is a comparison between February 2026 and February 2025 numbers, and is current as of March of 2026. For last month’s report, check out our previous infographic!
Or follow this link for all our FVREB Infographics!
These infographics cover current trends in Fraser Valley neighbourhoods that are within the FVREB. Click on the images for a larger view!

Fraser Valley home prices back to pandemic-era levels under weight of economic headwinds and sustained inventory
Home prices in the Fraser Valley fell for the tenth consecutive month in January, pushing the Benchmark price below $900,000 for the first time since spring 2021.
The Benchmark price for a typical home in the Fraser Valley dropped one per cent in January to $897,200, down 6.9 per cent year-over-year. The continued softening of prices wasn’t enough to get buyers off the sidelines, as the Fraser Valley Real Estate Board recorded 619 sales on its Multiple Listing Service® (MLS®) in January, a 33 per cent decrease from December, and 24 per cent below sales from the same month last year. New listings increased 128 per cent in January to 3,078, reflecting the typical seasonal patterns; however, activity remained 10 per cent below last year’s levels.
“January opened the year with negligible momentum,” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. “Prices continued to weaken while at the same time selection remains high. Under normal market dynamics, these would be considered highly favourable conditions for buyers, however the uncertainty of the past year or so continues to loom large, subduing buyer confidence and muting overall market activity.”
Read the full report on the FVREB website!
The following data is a comparison between January 2026 and January 2025 numbers, and is current as of February of 2026. For last month’s report, check out our previous infographic!
Or follow this link for all our FVREB Infographics!
These infographics cover current trends in Fraser Valley neighbourhoods that are within the FVREB. Click on the images for a larger view!