Fraser Valley Real Estate Board | July 2020 Market Report
Sales were 25.5% above the 10 year average
Inventory is down 12% per cent year-over-year, but new listings were 18.3% above the 10 year average.
Sales-to-active listings ratio for June 2020 is 28% approximately across all property types indicating a sellers market.
The MLS® Home Price Index prices are up 3-5.5% on average year over year.