Lower inventory is doing a lot of the work keeping this market balanced. Sales activity has softened, and buyers are clearly being more selective about what they'll commit to. Fraser Valley is holding at a 14% sales ratio — a balanced market, but listings, sales, and prices are all down from last year. There's still opportunity across the Fraser Valley — especially on well-priced listings; Sellers who position their listings competitively from the start will have the edge. Expect balanced conditions to hold, with affordability and pricing discipline continuing to shape how things move. It still comes down to that balance between supply and demand.

For the first time in over a year, home sales in the Fraser Valley are up year-over-year, with April sales climbing 7% compared to last year and 11% higher than March. Inventory remains strong, giving buyers more choice and negotiating power, while benchmark home prices edged up for the second straight month to $899,200.

Key highlights:

✔️ 1,118 homes sold in April

✔️ Nearly 10,000 active listings across the Fraser Valley

✔️ Buyers continue to benefit from balanced pricing and improved affordability

✔️ Detached homes averaged 37 days on market

While economic uncertainty continues to influence confidence, the current market presents meaningful opportunities for buyers looking to enter the market or make a move.

Whether you’re buying, selling, or simply watching the market, local expertise matters more than ever.