Fraser Valley Real Estate Board Reports Balanced Market in August 2026

Fraser Valley Real Estate Board — August 2026

In August 2026, the Fraser Valley real estate market shows a composite benchmark price of $930,900, reflecting a 6.0% decrease year-over-year. Total sales reached 71, with 125 new listings entering the market, resulting in 401 active listings.

Market Analysis

The Fraser Valley real estate market remains balanced as of August 2026, with a months of inventory (MOI) standing at 5.6. This indicates a stable supply of homes relative to demand, as the sales-to-new-listings ratio (SNLR) is recorded at 56.8%. Compared to July 2026, total sales have decreased from 77 to 71, while active listings have also seen a slight reduction from 434 to 401, suggesting a consistent but cautious market activity among buyers and sellers alike.

Property Type Analysis

The benchmark price for detached homes is $1,339,700, while attached/townhouses are priced at $757,200, and apartments at $505,700. Although specific sales figures for each property type are not available, the overall decline in benchmark prices indicates a softening market across all categories, likely influenced by broader economic factors and buyer sentiment.

Regional Highlights

Regionally, the Fraser Valley continues to experience a balanced market dynamic, with new listings keeping pace with sales. The slight decrease in active listings from the previous month may suggest that sellers are becoming more cautious in a market characterized by declining prices, which could lead to a more competitive environment for buyers in the coming months.

For Buyers

Potential buyers are encouraged to take advantage of the current balanced market conditions, as the increased inventory provides more options and negotiating power. It is advisable for buyers to conduct thorough research and consider their long-term needs when making purchasing decisions.

For Sellers

Sellers should be mindful of the current market trends, particularly the year-over-year price decline of 6.0%. Pricing homes competitively and ensuring they are well-presented will be crucial in attracting buyers in a market where inventory levels are stabilizing.