Fraser Valley Real Estate Board Reports Balanced Market in June 2026 with Composite Benchmark at $945,500

Fraser Valley Real Estate Board — June 2026

In June 2026, the Fraser Valley real estate market shows a balanced condition with a composite benchmark price of $945,500. Total sales reached 84, while new listings increased to 209, resulting in 442 active listings and a months of inventory of 5.3.

Market Analysis

The Fraser Valley real estate market remains balanced as of June 2026, with a composite benchmark price decline of 6.8% year-over-year. The total sales of 84 indicate a moderate level of activity, while the increase in new listings to 209 suggests that sellers are responding to the current market conditions. The sales-to-new-listings ratio (SNLR) stands at 40.2%, indicating that while demand exists, it is not overwhelming, allowing for a more stable market environment.

Property Type Analysis

In June, the benchmark price for detached homes is reported at $1,354,500, while attached/townhouses and apartments are priced at $768,100 and $518,600, respectively. Although specific sales data for each property type is unavailable, the overall market dynamics suggest that buyers may find more opportunities in the attached and apartment segments, which typically offer more affordability compared to detached homes.

Regional Highlights

The Fraser Valley region continues to experience varied trends across different areas. While some neighborhoods may see more robust activity, the overall balanced market conditions indicate that buyers and sellers are adjusting to the current economic landscape. The increase in active listings suggests that homeowners are taking advantage of the current market to list their properties, potentially leading to more options for buyers moving forward.

For Buyers

Prospective buyers are encouraged to take advantage of the current balanced market conditions. With a variety of active listings available, buyers should conduct thorough research and consider their options carefully, especially in the attached and apartment segments where prices are more accessible.

For Sellers

Sellers should remain realistic about pricing in the current market environment. With the composite benchmark price showing a decline, it is essential to price homes competitively to attract potential buyers, especially given the increase in new listings that may intensify competition.