Nick Horning Real Estate

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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.

FULL REPORT:

https://www.fvreb.bc.ca/statistics/sales-and-new-listings-reach-near-record-setting-numbers-in-the-fraser-valley/