Fraser Valley Real Estate Board Reports June 2026 Market Trends: Composite Benchmark Price at $1,064,700

Fraser Valley Real Estate Board — June 2026

In June 2026, the Fraser Valley real estate market sees a composite benchmark price of $1,064,700, reflecting a 6.0% decline year-over-year. With 40 total sales and 119 new listings, the market continues to favor buyers amid increasing inventory levels.

Market Analysis

The Fraser Valley real estate market is currently characterized as a buyer's market, with 347 active listings and a months of inventory (MOI) of 8.7. This indicates that supply is outpacing demand, allowing buyers to have more options and leverage in negotiations. The sales-to-new-listings ratio (SNLR) stands at 33.6%, suggesting that only a third of new listings are being absorbed by the market, further reinforcing the buyer's advantage. The decline in the composite benchmark price from $1,075,700 in May to $1,064,700 in June reflects ongoing adjustments to market conditions.

Property Type Analysis

In terms of property types, the benchmark price for detached homes is $1,232,700, while attached/townhouses are priced at $868,600, and apartments at $505,000. Although specific sales data for each category is not available, the overall trend indicates that buyers are likely exploring more affordable options, particularly in the attached and apartment segments, as they navigate the current market landscape.

Regional Highlights

Regionally, the Fraser Valley continues to experience a shift in buyer preferences, with increased interest in more affordable housing options amid rising interest rates and economic uncertainty. The influx of new listings suggests that homeowners are responding to market conditions by entering the market, which could lead to further stabilization in the coming months if demand increases.

For Buyers

For buyers, this is an opportune time to enter the market, as the current conditions provide ample choices and potential for negotiation. It is advisable to conduct thorough research on neighborhoods and property types, and to be prepared for a longer search process given the elevated inventory levels.

For Sellers

Sellers should be mindful of the current buyer's market dynamics and price their properties competitively to attract interest. With an increasing number of active listings, it is crucial to enhance property appeal through staging and marketing to stand out in a crowded marketplace.