The Fraser Valley housing market showed a small lift in February, with sales up from January but still below what’s typical for this time of year. Inventory remains high, keeping the market in buyer-friendly territory and giving purchasers more choice and negotiating power.

Prices dipped slightly again in February, while many households continue to wait for clearer economic signals before making a move. As spring approaches, activity may pick up, but for now the market remains steady and cautious.