Chilliwack & District Real Estate Board

The number of homes sold through the MLS® System of the Chilliwack and District Real Estate Board totaled 204 units in June 2026. This was a substantial decrease of 19.7% from June 2025.

Home sales were 10% below the five-year average and 29.8% below the 10-year average for the month of June.

On a year-to-date basis, home sales totaled 1,027 units over the first six months of the year. This was a large decline of 17.7% from the same period in 2025.

“Home sales and new listings stepped down from last year’s levels as buyers and sellers alike have shied away from the market over the past several months. However, on the demand side we are seeing a bit of growth on a monthly basis since April, so we’ll continue to keep an eye on that emerging trend,” said Rob Lacerte, President of the Chilliwack and District Real Estate Board. “In more positive news, the federal and provincial governments have announced that are setting up a $5-billion fund that municipalities in British Columbia will be able to access to help pay for new homes, infrastructure, and transit.”

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $734,100 in June 2026, a minor decrease of 3.6% compared to June 2025.

The benchmark price for single-family homes was $900,900, a small reduction of 3.9% on a year-over-year basis in June. By comparison, the benchmark price for townhouse/row units was $600,400, falling by 4.4% compared to a year earlier, while the benchmark apartment price was $413,900, a modest decline of 1.8% from year-ago levels.

The average price of homes sold in June 2026 was $762,907, decreasing by 4.1% from June 2025.

The more comprehensive year-to-date average price was $769,384, down only 0.2% from the first six months of 2025.

The dollar value of all home sales in June 2026 was $155.6 million, down sharply by 23% from the same month in 2025.

The number of new listings was essentially unchanged, up just 0.8% (four listings) from June 2025. There were 478 new residential listings in June 2026.

New listings were 9.9% below the five-year average and 8.5% below the 10-year average for the month of June.

Active residential listings numbered 1,399 units on the market at the end of June, a small gain of 1.6% from the end of June 2025. Active listings haven’t been this high in the month of June in more than five years.

Active listings were 10.8% above the five-year average and 23.7% above the 10-year average for the month of June.

Months of inventory numbered 6.9 at the end of June 2026, up from the 5.4 months recorded at the end of June 2025 and above the long-run average of 4.4 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.