Fraser Valley Real Estate Board Reports June 2026 Market Trends: 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 $1,036,000, reflecting a year-over-year decrease of 6.3%. With 176 total sales and 479 new listings, the market continues to favor buyers as inventory levels rise.

Market Analysis

The Fraser Valley real estate market is currently characterized by a buyer's market, with 1,316 active listings and a months of inventory (MOI) of 7.5. This increase in inventory has contributed to the decline in benchmark prices, which have fallen 6.3% compared to the same period last year. The sales-to-new-listings ratio (SNLR) stands at 36.7%, indicating that while new listings are entering the market, sales are not keeping pace, further solidifying the buyer's advantage in negotiations.

Property Type Analysis

In June, the benchmark price for detached homes is reported at $1,696,300, while attached/townhouses and apartments are priced at $853,400 and $560,800, respectively. Although specific sales figures for each property type are not available, the overall trend suggests that buyers may find more opportunities in the attached and apartment markets, where prices are significantly lower compared to detached homes.

Regional Highlights

The Fraser Valley region continues to experience shifts in market dynamics, with an influx of new listings contributing to the overall increase in active inventory. This trend is likely influenced by seasonal factors and changing buyer preferences, as potential homeowners seek more affordable options amidst rising interest rates and economic uncertainties.

For Buyers

For buyers navigating the current market, it is advisable to take advantage of the increased inventory and negotiate effectively. With a variety of options available, buyers should conduct thorough research and consider properties that may have been overlooked in previous months.

For Sellers

Sellers are encouraged to remain realistic about pricing in the current market conditions. With the benchmark price declining and a higher number of active listings, it is crucial to present properties competitively to attract potential buyers.