The Fraser Valley real estate market in February 2026 continues to shift toward a buyer’s market. More listings are coming online while sales activity has softened, creating a noticeable change in how both buyers and sellers are behaving.

Buyers now have more time, more options, and more negotiating power than they did just a few months ago. Sellers, on the other hand, are facing increased competition and a market that is far less forgiving when pricing or presentation misses the mark.

This is not a slow market. It is a selective one. The difference between homes that sell and homes that sit is becoming more obvious, and that gap is where strategy matters most.

The Fraser Valley real estate market continues to evolve, and staying informed on current housing trends in Abbotsford, Chilliwack, Mission, and Langley is essential for buyers and sellers.

February 2026 Fraser Valley Market Stats

How the Market Changed Month-to-Month

City-by-City Breakdown

Real estate conditions vary across Fraser Valley cities including Abbotsford, Langley, Surrey, White Rock, South Surrey, Mission, and Chilliwack. Understanding local trends helps buyers and sellers make more confident decisions.

Abbotsford

Abbotsford continues to offer strong value relative to surrounding markets.

Langley

Langley remains in high demand, but increased inventory is slowing decision-making.

Surrey

Surrey shows varied conditions depending on neighborhood and property type.

White Rock / South Surrey

This remains a lifestyle-driven market.

Mission

Mission continues to attract buyers seeking affordability.

Chilliwack

Chilliwack continues to attract buyers seeking value and space compared to other Fraser Valley markets. Detached homes remain popular, particularly among families and first-time buyers looking for affordability without sacrificing lifestyle. Increased inventory is giving buyers more choice, but well-priced homes are still moving when presented effectively.