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.

“Canada’s housing market is shifting toward balance, as easing prices, rising listings and renewed rate cuts improve affordability across most regions,” said Phil Soper, president and CEO, Royal LePage. “For the first time in years, buyers – especially in previously supply-strapped markets – have real choice and negotiating power. With confidence returning and further rate reductions expected into early 2026, we anticipate noticeably stronger activity by the spring.” read the full article here.