State of the Market Address

The Fraser Valley Real Estate Board's Multiple Listing Service (MLS) processed 1,982 sales in June. This number reflects a 40% increase in sales from the same month last year. This is also a dramatic increase from the 980 sales processed in September, 768 sales in October and 507 in November of 2008. In fact, June's numbers were comparable to the level of sales achieved during the same month in 2006 and 2007 during the strongest real estate cycle in the Lower Mainland's history.

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