Fraser Valley Real Estate Board Market Report - June 2026: Prices Decline Amid Increased Inventory

Fraser Valley Real Estate Board — June 2026

In June 2026, the Fraser Valley real estate market sees a composite benchmark price of $645,800, reflecting a year-over-year decrease of 10.3%. Total sales reach 124, while new listings increase to 376, resulting in a months of inventory figure of 10.3.

Market Analysis

The Fraser Valley real estate market is currently characterized as a buyer's market, driven by a significant increase in active listings, which now total 1,275. The months of inventory stands at 10.3, indicating that supply is outpacing demand, a trend that has contributed to the decline in prices. With a sales-to-new-listings ratio (SNLR) of 33.0%, the market is showing signs of slowing activity, as buyers have more options available than in previous months.

Property Type Analysis

In June, the benchmark price for detached homes is $1,278,300, while attached/townhouses are priced at $692,600 and apartments at $408,900. While specific sales data for each property type is not available this month, the overall downward trend in prices suggests that all segments are facing similar challenges in attracting buyers amidst increased inventory levels.

Regional Highlights

Regionally, the Fraser Valley continues to experience a shift in market dynamics, with more listings coming onto the market compared to previous months. This influx is likely a response to changing buyer sentiment and economic conditions, which may further influence pricing strategies in the coming months.

For Buyers

For prospective buyers, this is an opportune time to enter the market given the increased inventory and declining prices. Buyers are encouraged to conduct thorough research and consider their options carefully, as there may be room for negotiation on price in this buyer-friendly environment.

For Sellers

Sellers should be mindful of the current market conditions and the increased competition from new listings. It is advisable to price homes competitively and to ensure properties are well-presented to attract potential buyers, as the current market favors those who can differentiate their listings.