08/05/2026
B.C. home prices are down 26% from four years ago. ๐ก
B.C. home prices are down 26% from four years ago. ๐ก
The Fraser Valley Real Estate Board says the regionโs benchmark home price is now just under $885,000. That is down 7% compared to last year.
Sales remained mostly flat in June, with 1,147 homes sold through the MLS. That is up 2% from May, but down 4% from June 2025. Apartments saw the steepest drop, with a benchmark price of $476,400. That is down 9.1% from last year.
Single detached homes now have a benchmark price of $1.35 million, down 7.7% year-over-year. Townhomes are at $764,000, down 7.3% from last year. The board says buyers are still holding back, even with more choice and better affordability in the market.