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Fraser Valley Home Prices Drop to Pandemic-Era Levels

Benchmark home price dropped 6.9% year-over-year to $897,200 as new listings surged 128%, creating a buyer’s market with longer selling times, Fraser Valley Real Estate Board reported.

Summary by City News
Fraser Valley home prices dropped for the 10th month in a row in January, bringing the benchmark price below $900,000 for the first time since spring 2021.

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The Hamilton Spectator broke the news in Hamilton, Canada on Tuesday, February 3, 2026.
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