Fraser Valley Market Snapshot — July 2026
Buyers Still Hold the Cards in the Fraser Valley
Sales fell again in July, prices eased across every property type, and the sales-to-active ratio stayed firmly in buyer’s-market territory — here’s what actually happened, in plain English.
The Numbers This Month
Total Sales
0
↓Down 8.5% vs Jul 2025
New Listings
0
↓Down 17.9% vs Jul 2025
Active Listings
0
↓Down 5.7% vs Jul 2025
Composite Benchmark Price
$0
↓Down 7.2% vs Jul 2025
Average Price (All Types)
$0
↓Down 5.5% vs Jul 2025
Days to Sell (Detached & Townhouse)
0
No year-over-year figure published
Who Holds the Leverage?
FVREB tracks the sales-to-active-listings ratio — how many homes sold in July compared with how many were available to buy. The board sets the balanced range itself; where July landed is what puts this in buyer’s-market territory.
0%
Buyer’s Market
Balanced
Seller’s Market
0%
12%
20%
30%+
A ratio under 12% means there are far more homes for sale than there are buyers closing deals — that’s a buyer’s market. Between 12% and 20% is considered balanced, per BCREA’s own definition, which the board cites directly. Above 20% is a seller’s market, where demand outpaces supply. July’s ratio of 11% keeps the Fraser Valley squarely in buyer’s territory, exactly as the board itself describes it. (Band boundaries are an interpretive guide built from the board’s own definition — not a figure FVREB publishes as a graphic.)
Price Trend by Property Type
FVREB doesn’t publish a month-by-month price history in this report — only how far the Benchmark Price has moved over several look-back windows. Here’s that trajectory out to three years for each property type, all on one honest percent-change axis. (The board’s data also goes out to 5 and 10 years, but those longer spans compress this shorter-term picture — see the table below if you want the full range.)
Detached
Townhouse
Apartment
| Property Type | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|---|---|---|
| Detached | −1.1% | −2.9% | −2.8% | −8.3% | −13.1% | −0.8% | +45.1% |
| Townhouse | −0.9% | −1.9% | −2.1% | −7.1% | −10.9% | +6.4% | +71.4% |
| Apartment | −1.5% | −4.4% | −3.9% | −9.1% | −14.6% | +5.1% | +94.0% |
How Your Neighbourhood Compares
Sales are a derived total (Detached + Townhouse + Apartment sales added together); Benchmark Price is the Detached figure as FVREB reports it, since the board doesn’t publish a single blended price per area.
| Area | Sales (derived total) | Detached Benchmark Price | vs Jun 2026 |
|---|---|---|---|
| Abbotsford | 132 | $1,143,000 | ↓ 2.5% |
| Mission | 44 | $934,800 | ↓ 0.7% |
| White Rock / South Surrey | 156 | $1,647,200 | ↓ 2.9% |
| Langley | 226 | $1,500,900 | ↑ 0.4% |
| Delta – North | 54 | $1,213,000 | ↓ 1.6% |
| Surrey (Combined) | 449 | $1,412,000 | ↓ 1.4% |
What This Means
If You’re Buying
- With 10,044 active listings against an 11% sales-to-active ratio, you have real room to compare properties and negotiate.
- The composite Benchmark Price is down 7.2% from a year ago — entry points have eased across detached, townhouse and apartment alike.
- Detached and townhouse homes are taking about 40 days to sell on average, so there’s no need to rush an offer.
If You’re Selling
- New listings fell 17.9% year-over-year, so less new competition is arriving than a year ago — but 10,044 active listings still means buyers have options.
- With the ratio at 11%, this is a market to price sharply from day one rather than testing a high number.
- Pricing isn’t uniform: Langley’s detached benchmark actually rose 0.4% month-over-month while White Rock/South Surrey fell 2.9% — where you sell shapes the strategy.
My Read on This Month
“July was another month where buyers held the cards. Sales came in nine per cent below June and prices eased again — down about seven per cent from a year ago across the Fraser Valley. If you’re shopping, this is about as much room to negotiate as we’ve seen in a while. If you’re selling, pricing sharply and presenting well matters more than ever.”
Let’s Talk About Your Move
Momentum Realty Inc.
216 - 20353 64 Avenue
Langley, BC, V2Y 1N5
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.