Fraser Valley Real Estate Board
Real Estate Board — Market Data & Trends
Overview
The composite benchmark price for Fraser Valley Real Estate Board was $869,900 in August 2026, down 7.2% year over year and down 0.9% on the month.
Across the 5 months on record — April 2026 to August 2026 — the benchmark fell 3.3%, from $899,200 to $869,900.
The high over that window was $899,200 in April 2026; the benchmark now sits 3.3% below it.
The segments have not moved together: townhouses lost 2.7%, detached homes lost 4.0% and apartments lost 5.1% over the window — a spread of 2.3 percentage points between townhouses and apartments.
As of August 2026 the benchmark stands at $1,319,600 for detached homes, $750,600 for townhouses and $466,100 for apartments.
Fraser Valley Real Estate Board reported 941 sales in August 2026, up 1.1% from a year earlier.
Inventory stands at 10.4 months of supply, which the board's own thresholds classify as a buyers' market.
These are figures published by Fraser Valley Real Estate Board. The period-over-period comparisons above — the change over the window, the high and the low and the spread between property types — are arithmetic compiled by this publication from 5 monthly releases, April 2026 through August 2026.
Market Balance
Months of Inventory
Supply and demand are roughly balanced.
With 10.4 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Source: Fraser Valley Real Estate Board via CREA MLS
Period: August 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.