Langley in September 2026
Langley recorded 192 total home sales in September 2026 across all property types — 64 detached, 61 townhouse, and 67 apartment sales — against 1,148 active listings (449 detached, 283 townhouse, 416 apartment). That works out to roughly 6.0 months of supply. Detached sales fell 5.9% year over year while townhouse sales rose 3.4% and apartment sales rose 1.5%. The detached benchmark eased 0.6% on the month to $1,471,100 (down 6.7% on the year), townhomes 0.5% to $802,600 (down 4.4%), and apartments 1.5% to $525,900 (down 9.2%).
Fraser Valley board-wide context: Across the entire Fraser Valley board area (which includes Surrey, Langley, White Rock, Abbotsford, Mission, and other communities), the composite benchmark price was $861,300 in September 2026, down 1.0% month over month and 7.2% year over year. Total board-wide sales were 922, down 2.0% from August and 4.2% from a year earlier. New listings rose to 2,818 (up 18.8% from August, down 18.2% year over year), while active listings stood at 9,763 — 31% above the 10-year seasonal average. The board-wide sales-to-active-listings ratio was 9.4%, placing the overall market in buyer’s territory (a balanced market is defined as 12–20%). Homes took an average of 45 days to sell for detached, 38 days for townhomes and 46 days for condos, board-wide.
Source: Fraser Valley Real Estate Board (FVREB), Fraser Valley Housing Market Statistics, September 2026 news release, published October 5, 2026.
Benchmark Prices — Langley
All three Langley benchmarks declined again in September, with apartments seeing the steepest year-over-year drop at 9.2% and detached homes down 6.7%.
| Property Type | Benchmark (HPI) | MoM | YoY | Sales (September) |
|---|---|---|---|---|
| Detached | $1,471,100 | ▼ 0.6% | ▼ 6.7% | 64 |
| Townhouse / Attached | $802,600 | ▼ 0.5% | ▼ 4.4% | 61 |
| Apartment / Condo | $525,900 | ▼ 1.5% | ▼ 9.2% | 67 |
Source: Fraser Valley Real Estate Board (FVREB), Fraser Valley Housing Market Statistics, September 2026 (Langley area).
Supply and Demand Breakdown
Source: Fraser Valley Real Estate Board (FVREB), Fraser Valley Housing Market Statistics, September 2026 (Langley area). Months-of-supply is a derived figure calculated from FVREB’s published sales and active listings counts; it is not an FVREB-published statistic itself.
What's Driving the Market
Buyer sentiment: FVREB Interim CEO Anthony Boone said, “Buyers have been waiting for months for greater economic certainty. But a succession of economic shocks have conspired to weigh on consumer confidence, keeping many buyers on the sidelines. Despite lower prices and more choice, buyers remain cautious, and that is being reflected in the pace of sales.” Langley’s roughly 6.0 months of supply is consistent with a market that continues to favour buyers, particularly in the apartment segment.
Affordability improving: FVREB Chair Ishaq Ismail said, “Prices continue to soften, with some areas of the Fraser Valley seeing more significant declines. The Benchmark price for a single-family home is now $460,000 below its March 2022 peak. For buyers who are in a position to act, this represents a significant shift in affordability.” Lower townhouse and apartment benchmarks, combined with the Bank of Canada’s overnight rate holding at 2.25%, have improved qualification math for many Langley buyers. The mortgage stress test still requires qualifying at the greater of the contract rate + 2% or 5.25% — see our 2026 OSFI stress test guide for how this affects borrowing power.
Condo softness: Langley’s apartment segment posted the steepest annual benchmark decline (9.2%) while apartment sales edged up 1.5%, suggesting buyers are responding to lower prices there even as detached and townhouse demand stays cautious.
Key Terms
Langley Rents — July 2026
Langley one-bedroom rents eased to $1,899/month in July 2026, down from $1,965 in June. Two-bedroom units averaged $2,457/month in July, compared with $2,439 in June. Wondering whether renting or buying makes more sense at current prices? Try our rent vs. buy calculator.
Source: Rentals.ca/Urbanation data, reported via Langley Advance Times, published August 7, 2026. View full Canadian rent report →