The Fraser Valley housing market continued to favour buyers in August as there were 941 homes sold and the composite benchmark price declined by 0.9%. However, with listings dropping, there may be some leveling of prices fairly soon if this trend continues. With mortgages rates increasing over the last couple of months this will offset most of the gains that buyers will have achieved with lower prices.
Here are the latest stats:
Total Sales 941
Down   13.6% Compared to Jul2026
Up         1.1% Compared to Aug 2025
New Listings 2,273
Down   16.3% Compared to Jul 2026
Down   15.0% Compared to Aug 2025
Active Listings 9,787
Down   2.6% Compared to Jul 2026
Down   6.3% Compared to Aug 2025
Benchmark Prices are as follows:
Detached Home $1,319,600
Down   1.2%     Compared to Jul 2026
Down   8.4%     Compared to Aug 2025
Townhouse $750,600
Down   0.9%     Compared to Jul 2026
Down   7.1%     Compared to Aug 2025
Apartment $466,100
Down   0.7%     Compared to Jul 2026
Down   8.9%     Compared to Aug 2025
If you need more information regarding mortgages or if you need any advice on your personal situation please contact our office at 604-556-3893 or email at alex.kotai@ymscanada.ca.
For more information on our mortgage products and your preferred Abbotsford Mortgage Broker please visit our website at www.ymscanada.ca