06/03/2026
🏡 Fraser Valley Market Update | May 2026
The Fraser Valley remains a buyer’s market, with plenty of inventory and more opportunities for move-up buyers as home prices continue to soften.
📌 Key Highlights:
• 1,124 homes sold in May (+0.5% from April)
• 10,140 active listings available
• Buyer’s market continues with an 11% sales-to-active listings ratio
• Benchmark home price dipped 0.7% to $893,300
• Single-family homes remained the most active segment
FVREB Chair Ishaq Ismail shared that many of today’s buyers are homeowners looking to move up, as lower detached home prices are making larger properties more attainable. CEO Baldev Gill added that while many households remain cautious, prepared buyers are finding favorable conditions and greater choice in the market.
For all your real estate needs, we’re always here to help:
📞 778.386.8364
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