Tuesday, September 8, 2009

Fraser Valley Real Estate - August 2009 with Charts

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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