Ending the foreign buyer ban won’t fix the condo market, but it will help
Andy Schildhorn • August 7, 2026
Three years of real-world experience have confirmed what many of us predicted: Canada’s foreign buyer ban has had a negligible impact on home prices, but it did help bring on the deep freeze in the condo market. Full Article here
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By Andy Schildhorn
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August 8, 2026
Sales surged to 299 (+78%) this week, while new listings slipped 9% to 543 . The sharp increase follows last week's unusually quiet holiday period and signals that buyers are returning to the market. Looking at the year-to-date trend, the Fraser Valley continues to be a balanced market . Inventory remains healthy, buyers are negotiating, and the 5.6% gap between list and sale price has stayed remarkably consistent. Well-priced homes continue to sell, while properties priced above market are taking longer to attract offers.

By Andy Schildhorn
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August 5, 2026
SURREY, BC – Fraser Valley home prices continued to edge downward in July, with the composite Benchmark price down 0.8 per cent from June and down seven per cent year-over-year. Despite improving affordability, buyers remained cautious, keeping sales well below typical seasonal levels. The Fraser Valley Real Estate Board recorded 1,089 sales on its Multiple Listing Service® (MLS®) in July, a five per cent decrease from June and nine per cent below the same month last year.

By Andy Schildhorn
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August 2, 2026
Sales dropped to 168 (-31%) , while new listings eased 9% to 599 , making this the quietest week we've seen in several months. The slowdown reflects the typical summer holiday season, with both buyers and sellers taking a pause. Even so, the market remains balanced. The 6.7% gap between list and sale price shows buyers are still negotiating, while well-priced homes continue to attract interest.🧊📉
































