{"id":2512,"date":"2026-03-26T11:56:56","date_gmt":"2026-03-26T15:56:56","guid":{"rendered":"https:\/\/www.caianderson.com\/blog\/?p=2512"},"modified":"2026-03-30T11:57:59","modified_gmt":"2026-03-30T15:57:59","slug":"still-falling","status":"publish","type":"post","link":"https:\/\/www.caianderson.com\/blog\/2026\/03\/26\/still-falling\/","title":{"rendered":"Still Falling \ud83d\udcc9"},"content":{"rendered":"\n

It\u2019s been a bit of a slower start to the Spring market than we usually expect. Sales across the Fraser Valley are down 15.9% year-over-year, and new listings have declined by 10.4%. That means overall activity in 2026 is trailing behind 2025\u2014already one of the slowest years we\u2019ve seen in the past 20 years. There are a lot of economic factors right now affecting buyer confidence, and I am not sure when we can expect that to change. <\/p>\n\n\n\n

2026 Vs. 2025 Sales and New Listings, Fraser Valley Real Estate:<\/h4>\n\n\n\n
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Health of the Market <\/h4>\n\n\n\n

I broke down active listings, sales, and Months of Inventory for each asset class in the Fraser Valley market. Months of Inventory is calculated by taking active listings and dividing them by the number of sales in one given month. This provides us with an absorption rate that indicates what type of market we are in. 1-3 MOI is a seller’s market, 4-6 is a balanced market, and 6+ MOI is a buyer’s market. <\/p>\n\n\n\n

FVREB Year to Date \u00a0(2026) <\/strong><\/p>\n\n\n\n

2026<\/strong><\/td>Active <\/strong><\/td>Solds <\/strong><\/td>M.O.I <\/strong><\/td>Type<\/strong> <\/td><\/tr>
Detached <\/td>2,751<\/td>255<\/td>10.8<\/td>Buyers<\/strong><\/td><\/tr>
Townhome<\/td>1,393\u00a0<\/td>220<\/td>6.3<\/td>Buyers<\/strong><\/td><\/tr>
Condo <\/td>1,964\u00a0
<\/td>		262<\/td>7.5<\/td>Buyers <\/strong><\/td><\/tr>
Total <\/strong><\/td>6,108<\/strong><\/td>737<\/strong><\/td>8.28<\/strong><\/td>Buyers <\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

2025 Year to Date <\/strong><\/p>\n\n\n\n

2025<\/strong><\/td>Active <\/strong><\/td>Solds <\/strong><\/td>M.O.I <\/strong><\/td>Type<\/strong> <\/td><\/tr>
Detached <\/td>2,725<\/td>266<\/td>10.2<\/td>Buyers<\/strong><\/td><\/tr>
Townhome<\/td>1,299<\/td>255<\/td>5.1<\/td>Balanced<\/strong><\/td><\/tr>
Condo <\/td>2,128
<\/td>		279<\/td>7.6<\/td>Buyers <\/strong><\/td><\/tr>
Total<\/strong><\/td>6,152<\/strong><\/td>800<\/strong><\/td>7.69<\/strong><\/td>Buyers <\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

All asset classes are currently in buyer\u2019s market territory, with detached homes experiencing the strongest buyer’s market, followed by condos\/apartments, and lastly townhomes. Townhomes continue to see the highest relative demand among the three segments.<\/p>\n\n\n\n

From a boots-on-the-ground perspective, I\u2019ve been seeing more resistance in the detached and entry-level condo markets, where pricing sensitivity is especially noticeable. It\u2019s also becoming increasingly common to see \u201csubject to sale\u201d conditions included in offers, particularly on detached and townhome properties, reflecting the cautious approach many buyers are taking in today\u2019s market.<\/p>\n\n\n\n

Vancouver MOI<\/strong><\/h4>\n\n\n\n

Turning attention away from the Valley and to Vancouver, Months of inventory in the city have also climbed this year, making sales even more of a challenge to achieve. <\/p>\n\n\n\n

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MLS\u00ae HPI Benchmark Price Activity<\/strong><\/p>\n\n\n\n