In the Fraser Valley, we’re seeing home buyers remain cautious as prices continue to soften. The benchmark price for single-family homes now sits $460,000 below the March 2022 peak. September brought a 19% increase in new listings compared to August, yet overall new listings are still 18% lower than last year. Inventory levels are steady—currently 31% above the 10-year average—and we’re seeing price drops across all home types.
For families considering their options or investors monitoring the trends, these shifts underscore the importance of a nuanced, long-term approach. Having guided clients through many market cycles, I’ve learned that understanding the numbers is only part of the equation; interpreting what they mean for your goals is where real opportunity lies. Whether you’re planning your next move in Vancouver or exploring cross-border strategies, the current market climate calls for careful analysis and tailored advice.



