Fraser Valley Real Estate Board | August 2020 Market Report
Sales were 39% above the 10 year average
Inventory is down 40.4% per cent year-over-year, but new listings were 28.9% above the 10 year average.
Sales-to-active listings ratio for August 2020 is 19.15% approximately across all property types indicating a balanced market.
The MLS® Home Price Index prices are up 3-7% on average year over year.