06/05/2026
📊 May 2026 Real Estate Stats — Fraser Valley (FVREB) 🏡📍
✨ Overall Market
• 🔁 Units Sold: 1,124 (↑ +0.5% vs April | ↓ -5% YOY)
• 📉 Benchmark Price: $893,300 (↓ -0.7% MoM | ↓ ~-8.0% YOY)
🏠 Single Family Homes
• 💰 Benchmark: $1,366,500 (↓ -0.6% MoM | ↓ -7.9% YOY)
🏘️ Townhouses
• 💵 Benchmark: $769,500 (↓ -0.3% MoM | ↓ -7.6% YOY)
🏢 Apartments
• 💲 Benchmark: $483,800 (↓ -1.5% MoM | ↓ -8.8% YOY)
📈 What this means:
📊 Home sales edged up slightly in May, showing that buyers are still active, but ongoing economic uncertainty continues to keep many on the sidelines. While detached homes remained the most active segment, benchmark prices declined across all property types after two consecutive months of gains.
💡 Inventory remains elevated, with over 10,000 active listings, keeping the Fraser Valley firmly in buyer’s market territory. Buyers continue to benefit from increased selection and stronger negotiating power, while sellers need to be strategic with pricing and presentation to stand out in a competitive market.
*** Information and images taken from the Fraser Valley Real Estate Board ***