11/07/2026
Six Months Down. Then a Rate Hike. This is the November 2026 update covering October data.
Fraser Valley residential benchmark price sat at $860,000 in October, down 6.4% from last year. That marks the sixth straight monthly decline. The Bank of Canada raised its policy rate from 2.25% to 2.50% on October 28.
All-property sales reached 1,051, up 14% from September yet still down 6.4% year-over-year. Detached median price hit $1,225,000, actually up 2.1% month-over-month.
My outlook remains very bearish. That does not mean every property will fall, or that no one should buy. It means I would not build a sale, a purchase or a household budget around a rebound we have not seen.
Read the full breakdown or ask me about a property-specific plan.
Full update: https://callcorbin.ca/november-2026-fvreb-market-update/
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