Here are the charts based on the data released by the Fraser Valley Real Estate Board for the month of August 2009.
Sales were at a very high level compared to other Augusts.

Active Listings are on the high side.

Months of Inventory is at 5 which represents a balanced market.

The FVREB House Price Index is still 7% lower than peak level but it has risen 6% since the low.

Price changes are still highly correlated to the supply / demand mix as represented by Months of Inventory.
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