Spring is traditionally one of the busiest seasons in real estate, and this year is no exception. But the 2026 spring market looks a little different than the highly competitive markets many buyers and sellers are used to.
Across British Columbia, housing inventory is sitting near the highest level seen in more than a decade, and BCREA expects the market to remain relatively balanced through the year, with only modest price growth. In the Fraser Valley, recent market activity also points to a slower, more measured pace than in past spring seasons.
What the Spring Market Looks Like Right Now
The Fraser Valley Real Estate Board reported that the year started with lower sales activity and a higher number of active listings compared to typical norms. That means buyers are entering the spring market with more selection and, in many cases, more negotiating power.
This doesn’t mean homes aren’t selling. It means the market is more balanced, and success depends more on strategy than urgency.
What This Means for Buyers
For buyers, this spring market will offer more opportunity.
With more homes available, there is often more time to compare options, review neighbourhoods carefully, and complete inspections or due diligence with greater confidence. Buyers may also find that there is more room to negotiate on price, terms, or subject conditions than there was during more competitive market cycles.
That said, desirable homes that are well priced and presented well can still be sold quickly. Being prepared is still important.
Tips for Buyers This Spring
Before starting your search, you should have a mortgage pre-approval in place and a clear understanding of what you are comfortable spending each month.
It is important to focus on:
your long-term goals
the type of property that truly fits your lifestyle
the neighbourhoods that best match your needs
In a market with more choice, buyers are in a stronger position to make thoughtful decisions rather than rushed ones.
What This Means for Sellers
For sellers, spring is still one of the best times to list a home — but pricing and presentation matter more than ever.
Because buyers have more options right now, homes need to stand out for the right reasons. A property that is priced correctly, shows well, and is marketed professionally is far more likely to attract serious attention early on.
Overpricing can lead to fewer showings, longer times on market, and the need for future price reductions.
Tips for Sellers This Spring
If you are thinking about listing this season, focus on the details that influence a buyer’s first impression:
clean and declutter the space
complete small repairs
improve curb appeal
use strong listing photos and videos
price your home based on current comparable sales
In today’s market, realistic pricing is one of the strongest tools a seller has.
Why Mortgage Rates Still Matter
Mortgage rates continue to play a major role in buyer confidence.
The Bank of Canada held its policy rate at 2.25% on January 28, 2026, helping create a more stable borrowing environment than many buyers experienced in the past few years. While affordability is still a concern for some households, a steadier interest rate can make planning easier and help buyers move forward with more certainty.
For both buyers and sellers, this is one more reason why timing and preparation needs to be paired with solid financial advice and current market knowledge.
Real Estate Is Still Local
Even when broader market trends are helpful, real estate always comes down to the local market.
A detached home in Murrayville may perform very differently than a condo in Surrey or a townhome in Cloverdale. Price range, property type, neighbourhood demand, and condition all influence how quickly a home sells and how much competition a buyer may face.
That is why understanding the bigger picture is important — but understanding your specific local market is what drives strong decisions.
How to Navigate the Spring Market Successfully
Whether you are buying or selling, the best approach this spring is to be informed, realistic, and prepared.
For buyers, that means understanding your budget, acting when the right home appears, and taking advantage of the increased selection available.
For sellers, that means positioning your home properly from the start with the right price, the right presentation, and the right marketing plan.
This spring market is not about rushing. It is about making smart, confident decisions based on today’s conditions.
Thinking About Making a Move This Spring?
Whether you are buying your first home, moving up, downsizing, or simply exploring your options, spring can still be a great time to make a move.
If you are considering buying or selling in the Fraser Valley this season, Tyler can help you understand the market, evaluate your options, and create a strategy that fits your goals.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.