SELLER’S MARKET - low inventory driving price increases

• 1,866 units sold, 10.6% DECREASE MoM and 16.4% DECREASE YOY

• 2342 units (all types) new listings, 33.4% DECREASE YOY

• 3812 Ending Inventory - 48.3% DECREASE YOY, and 6.5% DECREASE MoM

Full Report:

https://www.fvreb.bc.ca/statistics/positive-start-to-fall-market-new-listings-increase-sales-soften/

Inventory

Sales

Pricing

Sales-to-Active Listings Ratio - 52%