The Fraser Valley market is quietly shifting — and this is where it gets interesting.

• Benchmark price: ~$884,800
  → Down ~7.1% year-over-year
• Prices vs peak: Now ~26% below 2022 highs
• Active inventory (recent months): ~10,000+ listings

Inventory Shift (The Key Story)

Earlier this year, inventory surged and gave buyers control.
Now we’re starting to see that supply tighten.

• Inventory was ~30% higher than last year earlier in 2026
• It is now stabilizing and beginning to decline year-over-year

👉 Translation:
The peak of inventory is likely behind us.

Greater Vancouver is showing earlier signs of tightening supply compared to the Fraser Valley.

• Inventory: Down approximately 3% year-over-year
• New listings: Down ~6% year-over-year
• Sales activity: Up nearly 10% year-over-year

👉 This combination (less supply + more sales) is a leading indicator of upward pressure building again.

What This Means (Positioned for Impact)

For Sellers (This is Your Window)

• You’re no longer competing against a flood of new listings
• Inventory is starting to trend down, reducing competition
• Serious buyers are still active — and they have been waiting

Bottom line:
👉 Selling now means less competition than earlier this year and positioning ahead of a potential demand surge.

For Buyers (This is the Opportunity Phase)

• Prices are still 7%+ below last year in Fraser Valley
• You still have negotiation leverage today
• But inventory is shrinking while sales are rising

This is the shift most buyers miss.

👉 The best opportunities happen right before the market turns — not after.

Final Takeaway

We are moving from:

High inventory + low urgency
➡️ toward
Decreasing inventory + rising demand

That transition is where:

• Sellers regain leverage
• Buyers lose negotiating power
• Prices begin to stabilize — and eventually rise