Metro Vancouver housing slows as Fraser Valley stays buyer-friendly

REM Magazine’s Nov 05, 2026 report says October housing activity was weaker in Metro Vancouver, while the Fraser Valley’s monthly rebound did not move that market out of buyer-favouring conditions.

Greater Vancouver Realtors recorded 2,024 October sales. That was 10.2 per cent lower than a year earlier and 22.5 per cent below the 10-year seasonal average, while new listings fell to 4,805 and active listings to 15,688.

Metro Vancouver’s composite benchmark price stood at $1,068,600. REM said that represented a 5.2 per cent annual decline and a 0.7 per cent decrease from September. It also reported that higher borrowing costs limit part of the affordability gained from lower prices.

In the Fraser Valley, 1,051 October sales were 14 per cent higher than September but six per cent below October 2025. Its composite benchmark price was $860,000, down 6.4 per cent year over year, with the sales-to-active listings ratio at 11 per cent.

Source: REM Magazine; published 2026-11-05T10:03:34+00:00.

Original AI-assisted reporting; featured image is a generated editorial illustration, not an actual property or event.