September 2026 Market Report
Fraser Valley Real Estate Market Update
Based on August 2026 market statistics. The Fraser Valley moved deeper into buyer-friendly conditions in August. Sales fell 13.6% from July, new listings also declined, and active inventory remained 33% above the 10-year seasonal average. Prices continued their gradual slide across all major property types.
Composite benchmark
$869,900
-0.9% month · -7.2% year
Detached
$1,319,600
-1.2% month · -8.4% year
Townhouse
$750,600
-0.9% month · -7.1% year
Apartment
$466,100
-0.7% month · -8.9% year
Market Overview
What August’s numbers mean for Fraser Valley
The Fraser Valley moved deeper into buyer-friendly conditions in August. Sales fell 13.6% from July, new listings also declined, and active inventory remained 33% above the 10-year seasonal average. Prices continued their gradual slide across all major property types.
For buyers
Buyers have time and choice. The regional sales-to-active ratio is below the typical balanced range, so there is generally less need to rush and more room to negotiate.
For sellers
Sellers are competing for a smaller pool of active buyers. Realistic pricing, presentation and a willingness to respond to market feedback are increasingly important.
Supply & Demand
Sales-to-active listings ratio
How to read August activity
FVREB reports the region remained in a buyer’s market. A balanced market is typically defined as 12%–20%. This is a quick activity indicator and should be read together with benchmark-price trends and recent comparable sales.
Benchmark Prices
MLS® HPI benchmark prices — August 2026
| Home type | Benchmark price | 1-month change | 1-year change |
|---|---|---|---|
| Composite | $869,900 | ▼ -0.9% | ▼ -7.2% |
| Detached | $1,319,600 | ▼ -1.2% | ▼ -8.4% |
| Townhouse | $750,600 | ▼ -0.9% | ▼ -7.1% |
| Apartment | $466,100 | ▼ -0.7% | ▼ -8.9% |
Sales Activity
August sales and new listings
| Home type | Sales | New listings | Sales / new listings |
|---|---|---|---|
| Detached | 332 | 818 | 40.6% |
| Townhouse | 244 | 493 | 49.5% |
| Apartment / condo | 234 | 596 | 39.3% |
Common Questions
Fraser Valley September market report FAQ
What is the latest benchmark home price in Fraser Valley?
Using August 2026 data, the composite MLS® HPI benchmark price is $869,900. Detached, townhouse and apartment benchmarks are shown above so you can compare the property type most relevant to you.
Are home prices in Fraser Valley going up or down?
The August composite benchmark changed -0.9% from July 2026 and -7.2% from August 2025. Property types are moving differently, so the most useful comparison is the benchmark for the specific type of home.
Why is this called the September market report if the data is from August?
Real estate boards publish completed monthly statistics after the month ends. This September 2026 report therefore summarizes the most recent full month of data: August 2026.
About this data: Fraser Valley Real Estate Board — August 2026 Housing Market Statistics. This September 2026 market report summarizes August 2026 results. Benchmark prices are MLS® Home Price Index estimates for a typical property, not average selling prices. Statistics are a market snapshot and individual properties can perform differently.
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.