Fraser Valley home prices down 26 per cent from 2022 in sluggish market

22-Jul-2026

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The Fraser Valley Real Estate Board says home prices in its jurisdiction have fallen by 26 per cent from levels seen four years ago.

The region’s benchmark price for a home is just short of $885,000, down seven per cent year-over year.

The association says sales activity remains relatively flat, with 1,147 sales on the Multiple Listing Service in June, up two per cent from May but down four per cent from the same month last year.

The sharpest drop is in the apartment segment, where the June benchmark price of $476,400 is down 1.5 per cent from the previous month and 9.1 per cent from the same month last year.