Vancouver Area   June 12, 2026 (2-week update) (Click here)

Current:  Vancouver area Real Estate Market is in Stable with an average of 11.6% SOLD rate.   See each city for the full details.

Forecast: 

The Metro Vancouver housing market nosedived in May. Detached home prices dropped by an average of $12,351. This is a much bigger drop than April, when prices only went down $745. Right now, in what is normally one of our stronger spring market months, 76% of detached-home markets are declining. 

Condo prices also fell by an average of $2,047. About 61% of condo markets are still decreasing, but townhomes are doing better this month. Prices went up by an average of $888. Even better, 63% of townhome markets are rising. Last month, only 18% were going up. This shows more buyers are interested in townhomes. The June forecast is that detached homes and condos will stay under strong downward pressure, while townhomes could remain stable.

It’s more important than ever to know what’s happening in your local area. Want to see which neighbourhoods are doing well or not? Check VancouverMarketReports.com every Saturday at noon for the latest Sell-Through Rates for all 17 cities. For advice or a free home market review, call Bill Coughlin and the Coughlin Team at 778-374-3744. We can help you make the best move.

.Fraser Valley & Chilliwack  June 12, 2026  (2-week update)

Current:  Fraser Valley and the Chilliwack areas in Stable Market averaging a 10.8%SOLD rate.  See each city link for the full details

Forecast:  

The Fraser Valley housing market slowed down in May. Detached home prices dropped by an average of $8,452. This is a bigger drop than April, when prices went down $3,825. Right now, that is not good for what is normally one of our stronger spring market months, with 83% of detached-home markets declining.

Condo prices were the bright spot. Prices went up by an average of $1,212, bouncing back from April, when prices went down $815. Right now, 67% of condo markets are rising. Last month, only 50% were going up. This shows more buyers are interested in condos again.

Townhomes are still under pressure. Prices fell by an average of $4,062. Right now, 75% of townhome markets are declining, the same as last month. This means the townhouse market could be under even more pressure next month.

The June forecast is that detached homes and townhouses will stay under strong downward pressure. Condos, as the most affordable choice, could continue to improve or stabilize.

It’s more important than ever to know what’s happening in your local area. Want to see which neighbourhoods are doing well or not? Check VancouverMarketReports.com every Saturday at noon for the latest Sell-Through Rates for all 17 cities. For advice or a free home market review, call Bill Coughlin and the Coughlin Team at 778-374-3744. We can help you make the best move.

Vancouver Area Real Estate Market Investment Conditions - Monthly Overview

In the Vancouver area for the Month of May 2026, 12% of the Single Family Home Sold Listings reduced their List Price by an average of $131,567. This compared to April 2026 when 20% reduced their List Price by an average of $117,294.
(Note: the other Two Week Reports ( STR and MTI ) will be more accurate market indicators than this monthly report after the middle of each month)

In the Fraser Valley-Chilliwack area, for the Month of May 2026, 22% of the Single Family Home Sold Listings reduced their List Price by an average of $81,956. This is compared to April 2026 when 30% reduced their List Price by an average of $58,494

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The Best and Worst Investments in Greater Vancouver()

Peak-To-Date: Greater Vancouver Real Estate Markets  AVERAGE Prices Changes  Updated  2026 Apr r2rw8c Prices have dropped across most Cities in All Markets! From the Peak in Mar 2022 (50 months of Sales) For Vancouver Detached Homes: White Rock is down the most at 20.8%, Whilst New Westminster declined JUST 4.6%. From the Peak in Feb 2022 (49 months of Sales) For Fraser Valley Detached Homes: All cities continue to show a downward trend for average price changes,  West Surrey had the biggest drop at   30.5%  MIssion had the 2nd biggest drop at   27.8%  Abbotsford's High 50% dropped   27.1% or -$612,654.   and the city with the least drop was Maple Ridge at 17.6%.    (Click Image to See the difference between the High and Low Markets) Compare the HIGH-END and LOW-END Markets    Houses  Detached Homes                                                                                                                                                 TOP   Condos  Attached        High/Low Markets                                                                                                                  TOP Townhouses  Attached        High/Low Markets                                                                                              TOP Index Abbotsford Burnaby North Burnaby Chilliwack Coquitlam North Delta Delta Ladner Langley N. Langley Maple Ridge Mission New West Port Coquitlam Port Moody Richmond Surrey West Surrey East South Surrey White Rock Vancouver Westside Downtown-West End Yaletown East Vancouver West Van North Van aaaNow %%FIRSTNAME do compare the %SOLD and the MTI rates to last year! Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2022! Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2021! Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2020! Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2019! Now %%FIRSTNAME do compare the %SOLD and the MTI rates HISTORY Trying to do the math? Lessons:  STR   MTI  How the  STR  and  MTI  rates actually work Click here                          EXPAND..Interactive Link   zzzz Bill Coughlin "Realtor and Lifestyle Consultant"   1-778-374-3744            [email protected] eXp Realty Independently Owned and Operated                               Key words Real Estate Investments Housing Market Trends and Forecasts for Vancouver Area See all Markets

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 It’s Bill Coughlin! 

📞 Call me for your Free Market Analysis of your home.

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778-374-3744.

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Index

• Vancouver Westside
• Downtown-Westend
• Yaletown-Coal Harbor
• Richmond
• East Van
• West Van
• North Van
• Burnaby
• North Burnaby
• New Westminster
• Ladner-Delta
• Coquitlam
• Port Coquitlam
• Port Moody
• Maple Ridge
• White Rock -South Surrey
• North Delta
• West Surrey
• East Surrey
• Langley
• North Langley
• Abbotsford
• Mission
• Chilliwack