{"id":28029,"date":"2026-07-08T10:10:31","date_gmt":"2026-07-08T17:10:31","guid":{"rendered":"https:\/\/www.roryc.ca\/blog\/?p=28029"},"modified":"2026-07-08T08:49:48","modified_gmt":"2026-07-08T15:49:48","slug":"fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/","title":{"rendered":"Fraser Valley Buyers are Still Holding Back Despite Improving Housing Market Conditions"},"content":{"rendered":"<p style=\"text-align: justify;\">SURREY, BC \u2013 Home prices in the Fraser Valley continued to become more affordable in June, with Benchmark prices now sitting 26% below their 2022 peak. Prices edged down another 0.9% during the month, reinforcing buyer-friendly conditions despite a sluggish market.<\/p>\n<p style=\"text-align: justify;\">The Fraser Valley Real Estate Board recorded 1,147 sales on its Multiple Listing Service\u00ae (MLS\u00ae) in June, a 2% increase from May, but 4% below the same month last year. After pulling back in May, seller activity levelled off in June, with 3,303 new listings\u2014virtually unchanged from May\u2014but still 9% below last year&#8217;s pace.<\/p>\n<p style=\"text-align: justify;\">\u201cThe Fraser Valley spring market has underperformed expectations despite improving affordability and more choice for buyers,\u201d said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. \u201cOpportunities are clearly there. The question is whether qualified buyers on the sidelines recognize the value available today. For those looking to enter the market or move up, current conditions present a compelling opportunity.\u201d<\/p>\n<p style=\"text-align: justify;\">The Fraser Valley enters the summer market with 10,377 active listings, maintaining a level of supply that continues to keep competition in check and create favourable conditions for buyers.<\/p>\n<p style=\"text-align: justify;\">With a sales-to-active listings ratio of 11% in June, the Fraser Valley remains in buyer\u2019s market territory. A balanced market is typically defined by a ratio between 12% and 20%.<\/p>\n<p style=\"text-align: justify;\">\u201cBuyers are still holding back despite some improving conditions,\u201d said Baldev Gill, CEO of the Fraser Valley Real Estate Board. \u201cThe recent agreement between Build Canada Homes and BC Housing may help add supply and improve access to ownership, however, with details still unclear it\u2019s difficult to assess the practical impact for buyers.\u201d<\/p>\n<p style=\"text-align: justify;\">Across the Fraser Valley in June, the average number of days to sell a single-family detached home was 37 days, while for a townhome, it was 33 days. Condos took, on average, 38 days to sell.<\/p>\n<p style=\"text-align: justify;\">The composite Benchmark price for a typical Fraser Valley home declined seven per cent year-over-year to $884,800.<\/p>\n<p style=\"text-align: justify;\"><strong>MLS\u00ae HPI Benchmark Price Activity<\/strong><\/p>\n<p style=\"text-align: justify;\">\u2022 Single Family Detached : At $1,350,200 the Benchmark price for an FVREB single-family detached home decreased 1.2% compared to May 2026 and decreased 7.7% compared to June 2025.<br \/>\n\u2022 Townhomes : At $764,100 the Benchmark price for an FVREB townhome decreased 0.7% compared to May 2026 and decreased 7.3% compared to June 2025.<br \/>\n\u2022 Apartments : At $476,400 the Benchmark price for an FVREB apartment\/condo decreased 1.5% compared to May 2026 and decreased 9.1% compared to June 2025.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.fvreb.bc.ca\/statistics\/Package202606.pdf\" target=\"_blank\" rel=\"noopener\">Click here<\/a> to view the June market report.<\/p>\n<p><a href=\"https:\/\/www.fvreb.bc.ca\/statistics\/monthly-market-report\/\" target=\"_blank\" rel=\"noopener\">Fraser Valley is Becoming More Affordable &#8211; but Buyers are Still Holding Back<\/a> by FVREB<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SURREY, BC \u2013 Home prices in the Fraser Valley continued to become more affordable in June, with Benchmark prices now sitting 26% below their 2022 peak. Prices edged down another &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-28029","post","type-post","status-publish","format-standard","hentry","category-market-updates","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fraser Valley Buyers are Still Holding Back Despite Improving Housing Market Conditions &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Fraser Valley Buyers are Still Holding Back Despite Improving Housing Market Conditions &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"SURREY, BC \u2013 Home prices in the Fraser Valley continued to become more affordable in June, with Benchmark prices now sitting 26% below their 2022 peak. Prices edged down another &hellip; [read more]\" \/>\n<meta name=\"twitter:creator\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:site\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rory Clipsham\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2026\\\/07\\\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2026\\\/07\\\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\\\/\"},\"author\":{\"name\":\"Rory Clipsham\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"headline\":\"Fraser Valley Buyers are Still Holding Back Despite Improving Housing Market Conditions\",\"datePublished\":\"2026-07-08T17:10:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2026\\\/07\\\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\\\/\"},\"wordCount\":408,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"articleSection\":[\"Market Updates\",\"Real Estate\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2026\\\/07\\\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2026\\\/07\\\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\\\/\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2026\\\/07\\\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\\\/\",\"name\":\"Fraser Valley Buyers are Still Holding Back Despite Improving Housing Market Conditions &#8226; Rory C Real Estate | Oakwyn Realty\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\"},\"datePublished\":\"2026-07-08T17:10:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2026\\\/07\\\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2026\\\/07\\\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2026\\\/07\\\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fraser Valley Buyers are Still Holding Back Despite Improving Housing Market Conditions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\",\"name\":\"Rory C Real Estate | Oakwyn Realty\",\"description\":\"Rory C Real Estate Updates | Home Selling &amp; Buying\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\",\"name\":\"Rory Clipsham\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"contentUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"width\":504,\"height\":504,\"caption\":\"Rory Clipsham\"},\"logo\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.roryc.ca\\\/\",\"https:\\\/\\\/www.facebook.com\\\/pg\\\/BurnabyandCoquitlamHomes\\\/about\\\/?ref=page_internal\",\"https:\\\/\\\/www.instagram.com\\\/roryclipshamhomes\\\/\",\"https:\\\/\\\/x.com\\\/RoryClipsham\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fraser Valley Buyers are Still Holding Back Despite Improving Housing Market Conditions &#8226; Rory C Real Estate | Oakwyn Realty","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/","twitter_card":"summary_large_image","twitter_title":"Fraser Valley Buyers are Still Holding Back Despite Improving Housing Market Conditions &#8226; Rory C Real Estate | Oakwyn Realty","twitter_description":"SURREY, BC \u2013 Home prices in the Fraser Valley continued to become more affordable in June, with Benchmark prices now sitting 26% below their 2022 peak. Prices edged down another &hellip; [read more]","twitter_creator":"@RoryClipsham","twitter_site":"@RoryClipsham","twitter_misc":{"Written by":"Rory Clipsham","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/#article","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/"},"author":{"name":"Rory Clipsham","@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"headline":"Fraser Valley Buyers are Still Holding Back Despite Improving Housing Market Conditions","datePublished":"2026-07-08T17:10:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/"},"wordCount":408,"commentCount":0,"publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"articleSection":["Market Updates","Real Estate"],"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/","url":"https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/","name":"Fraser Valley Buyers are Still Holding Back Despite Improving Housing Market Conditions &#8226; Rory C Real Estate | Oakwyn Realty","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/#website"},"datePublished":"2026-07-08T17:10:31+00:00","breadcrumb":{"@id":"https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.roryc.ca\/blog\/2026\/07\/fraser-valley-buyers-are-still-holding-back-despite-improving-housing-market-conditions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.roryc.ca\/blog\/"},{"@type":"ListItem","position":2,"name":"Fraser Valley Buyers are Still Holding Back Despite Improving Housing Market Conditions"}]},{"@type":"WebSite","@id":"https:\/\/www.roryc.ca\/blog\/#website","url":"https:\/\/www.roryc.ca\/blog\/","name":"Rory C Real Estate | Oakwyn Realty","description":"Rory C Real Estate Updates | Home Selling &amp; Buying","publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.roryc.ca\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":["Person","Organization"],"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7","name":"Rory Clipsham","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","url":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","contentUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","width":504,"height":504,"caption":"Rory Clipsham"},"logo":{"@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg"},"sameAs":["http:\/\/www.roryc.ca\/","https:\/\/www.facebook.com\/pg\/BurnabyandCoquitlamHomes\/about\/?ref=page_internal","https:\/\/www.instagram.com\/roryclipshamhomes\/","https:\/\/x.com\/RoryClipsham"]}]}},"_links":{"self":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/28029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/comments?post=28029"}],"version-history":[{"count":1,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/28029\/revisions"}],"predecessor-version":[{"id":28031,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/28029\/revisions\/28031"}],"wp:attachment":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/media?parent=28029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/categories?post=28029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/tags?post=28029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}