08/06/2026
📣 Monthly market update 📣
Improving affordability continues to outpace buyer demand.
"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."
Seller activity slowed in July, with 2,836 new listings coming to market— 14 % lower than June and 18 % below the same month last year. Overall inventory also declined by 3 % from June, but still 32 % above the 10-year seasonal average.
The Fraser Valley remains in a buyer’s market with a sales-to-active listings ratio of 11 % in July. A balanced market is typically defined by a ratio between 12 and 20 %.