• 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.

FULL REPORT:

https://www.fvreb.bc.ca/statistics/sales-and-new-listings-continue-to-set-records-in-the-fraser-valley/