{"id":9504,"date":"2020-09-15T01:20:57","date_gmt":"2020-09-15T01:20:57","guid":{"rendered":"http:\/\/schreders.ca\/?p=9504"},"modified":"2022-11-16T14:05:44","modified_gmt":"2022-11-16T19:05:44","slug":"fraser-valley-real-estate-market-august-2020","status":"publish","type":"post","link":"https:\/\/www.schreders.ca\/blog\/fraser-valley-real-estate-market-august-2020\/","title":{"rendered":"Fraser Valley Real Estate Market August 2020"},"content":{"rendered":"\n<h2 class=\"has-text-color wp-block-heading\" style=\"color:#8f060b\">The Fraser Valley real estate market saw highest number of new listings in August within the last two decades.<\/h2>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\">AUGUST 2020 MARKET REPORT<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Fraser Valley Real Estate Report<\/strong><\/h4>\n\n\n\n<p>August was another record setting month for real estate in the Fraser Valley.&nbsp; <\/p>\n\n\n\n<p>Despite the pandemic, consumers are active in the market and taking advantage of low interest rates.&nbsp; This combined with low inventory&nbsp;in most areas, is resulting in strong competition for good homes that are priced well.&nbsp;<\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-very-light-gray-background-color has-text-color has-background\"><a href=\"https:\/\/schreders.ca\/langley-city\/\">See Listed Properties For Sale in Langley BC<\/a><\/p>\n\n\n\n<p>Part way through September, this has not changed even with people focused on the kids going back to school.&nbsp; As always, reach out to anyone on the team to discuss how this impacts your situation and where the opportunities lie<\/p>\n\n\n\n<p><strong>If you are considering selling, buying or just have questions about the market<\/strong>, please give us a call today and <a href=\"https:\/\/schreders.ca\/contact\/\">let\u2019s chat<\/a>.<\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-very-light-gray-background-color has-text-color has-background has-medium-font-size\"><strong><a href=\"https:\/\/schreders.ca\/blog\/fraser-valley-real-estate-market-july-2020\">GO TO LAST MONTHS STATS<\/a><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"1294\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/Fraser-Valley-Market-2020-AUGUST-WEB.png\" alt=\"\" class=\"wp-image-9541\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/Fraser-Valley-Market-2020-AUGUST-WEB.png 1000w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/Fraser-Valley-Market-2020-AUGUST-WEB-232x300.png 232w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/Fraser-Valley-Market-2020-AUGUST-WEB-791x1024.png 791w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/Fraser-Valley-Market-2020-AUGUST-WEB-768x994.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">All Fraser Valley Areas Combined <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES UP FROM LAST MONTH: 1.2%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -7.0% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -1.9% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1096\" height=\"170\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined.png\" alt=\"\" class=\"wp-image-9521\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined.png 1096w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined-300x47.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined-1024x159.png 1024w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-All-Areas-Combined-768x119.png 768w\" sizes=\"auto, (max-width: 1096px) 100vw, 1096px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Abbotsford<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES  UP FROM LAST MONTH: 2.8%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -7.3% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH: 7.9%  <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/August-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford.png\"><img loading=\"lazy\" decoding=\"async\" width=\"984\" height=\"152\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/August-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford.png\" alt=\"\" class=\"wp-image-9533\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/August-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford.png 984w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/August-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford-300x46.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/August-2020-MLS\u00ae-Summary-Fraser-Valley-BC-abbotsford-768x119.png 768w\" sizes=\"auto, (max-width: 984px) 100vw, 984px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Mission<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES FROM LAST MONTH:  0.0%<\/li><li><strong>Townhouse<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -20.0% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES FROM LAST MONTH:   0.0% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission.png\"><img loading=\"lazy\" decoding=\"async\" width=\"987\" height=\"147\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission.png\" alt=\"\" class=\"wp-image-9534\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission.png 987w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-mission-768x114.png 768w\" sizes=\"auto, (max-width: 987px) 100vw, 987px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">White Rock \/ South Surrey<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -15.4% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES UP FROM LAST MONTH:  2.2%  <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP FROM LAST MONTH:  4.0%   <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey.png\"><img loading=\"lazy\" decoding=\"async\" width=\"991\" height=\"154\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey.png\" alt=\"\" class=\"wp-image-9535\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey.png 991w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey-300x47.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-white-rock-south-surrey-768x119.png 768w\" sizes=\"auto, (max-width: 991px) 100vw, 991px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Langley<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  UP FROM LAST MONTH:  3.1% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES DOWN  FROM LAST MONTH:  -27% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  DOWN FROM LAST MONTH:  -16.0% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley.png\"><img loading=\"lazy\" decoding=\"async\" width=\"986\" height=\"146\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley.png\" alt=\"\" class=\"wp-image-9536\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley.png 986w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley-300x44.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Langley-768x114.png 768w\" sizes=\"auto, (max-width: 986px) 100vw, 986px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Delta \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  UP FROM LAST MONTH:  5.0% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES DOWN FROM LAST MONTH:  -21.4% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES UP  FROM LAST MONTH: 40.0% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North.png\"><img loading=\"lazy\" decoding=\"async\" width=\"988\" height=\"147\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North.png\" alt=\"\" class=\"wp-image-9537\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North.png 988w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Delta-North-768x114.png 768w\" sizes=\"auto, (max-width: 988px) 100vw, 988px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 Central<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  UP FROM LAST MONTH:  1.1% <\/li><li><strong>Townhouse<\/strong> &#8211; SALES DOWN FROM LAST MONTH:  -3.0% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES DOWN FROM LAST MONTH: -17.9% <\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central.png\"><img loading=\"lazy\" decoding=\"async\" width=\"991\" height=\"150\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central.png\" alt=\"\" class=\"wp-image-9538\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central.png 991w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central-300x45.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Central-768x116.png 768w\" sizes=\"auto, (max-width: 991px) 100vw, 991px\" \/><\/a><\/figure><\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 Cloverdale<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached<\/strong> &#8211; SALES  UP  FROM LAST MONTH:  2.9% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES  UP FROM LAST MONTH: 17.7% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES FROM LAST MONTH:  0.0% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale.png\"><img loading=\"lazy\" decoding=\"async\" width=\"988\" height=\"144\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale.png\" alt=\"\" class=\"wp-image-9539\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale.png 988w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale-300x44.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-Cloverdale-768x112.png 768w\" sizes=\"auto, (max-width: 988px) 100vw, 988px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\">Surrey \u2013 North<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Detached <\/strong>&#8211; SALES  UP FROM LAST MONTH:  21.6% <\/li><li><strong>Townhouse <\/strong>&#8211; SALES FROM LAST MONTH:  0.0% <\/li><li><strong>Condo\/Apt<\/strong> &#8211; SALES  UP FROM LAST MONTH:  5.6% <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North.png\"><img loading=\"lazy\" decoding=\"async\" width=\"986\" height=\"146\" src=\"https:\/\/schreders.ca\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North.png\" alt=\"\" class=\"wp-image-9540\" srcset=\"https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North.png 986w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North-300x44.png 300w, https:\/\/www.schreders.ca\/blog\/wp-content\/uploads\/2020\/09\/AUGUST-2020-MLS\u00ae-Summary-Fraser-Valley-BC-Surrey-North-768x114.png 768w\" sizes=\"auto, (max-width: 986px) 100vw, 986px\" \/><\/a><\/figure>\n\n\n\n<p class=\"has-text-align-center has-text-color has-background has-large-font-size\" style=\"background-color:#8f060b;color:#ffffff\"> What Does The Fraser Valley Real Estate Board Have To Say?  <\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Sales and new listings continue to set records in the Fraser Valley<\/h1>\n\n\n\n<p><strong>SURREY, BC \u2013<\/strong>&nbsp;The Fraser Valley Real Estate Board\u2019s Multiple Listing Service\u00ae (MLS\u00ae) saw the second highest number of property sales and the highest number of new listings in August within the last two decades, when 2,298 sales were recorded in August 2005.<\/p>\n\n\n\n<p>The FVREB processed a total of 2,039 sales in August, a decrease of 2.9 per cent compared to sales in July, but an increase of 57.2 per cent compared to the 1,297 sales during August of last year. Last month\u2019s sales were 39 per cent above the ten-year average for August, representing the highest August in the last decade and second only to what was recorded back in August 2005.<\/p>\n\n\n\n<p>Chris Shields, President of the Board, indicated that, \u201cwe are seeing better sales volumes increase month over month because buyers are recognizing that the Fraser Valley offers increased choice and diversified housing opportunities, while offering more value as well.\u201d<\/p>\n\n\n\n<p>\u201cIn an unusual situation given the pandemic, we remain cautiously optimistic and are encouraged by the numbers we are seeing,\u201d added Shields.<\/p>\n\n\n\n<p>The Fraser Valley Board received 3,309 new listings in August, a 6.8 per cent decrease compared to July\u2019s intake of 3,549 new listings and a 40.4 per cent increase compared to August of last year. August\u2019s new listings were 28.9 per cent above the ten-year average for the month, the highest in the last ten years.&nbsp; Last month finished with 7,404 active listings, an increase of 0.9 per cent compared to July\u2019s inventory and a decrease of 7.9 per cent year-over-year.<\/p>\n\n\n\n<p>Baldev Gill, Chief Executive Officer of the Board, adds, \u201cthe highly competitive market with multiple offers and shorter days on market for various properties, provides further indication of the role REALTORS\u00ae are playing in this market. What we hear from our Realtor members is how consumers are seeking their guidance, advice and expertise during these unusual times.\u201d<\/p>\n\n\n\n<p>In August, the average number of days to sell an apartment was 36; 24 for townhomes, and 31 for single family detached.<\/p>\n\n\n\n<p><strong>MLS\u00ae HPI Benchmark Price Activity<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Single Family Detached:<\/strong>&nbsp;At $1,019,600, the Benchmark price for a&nbsp;<em>single-family detached<\/em>&nbsp;home in the Fraser Valley increased 1.2 per cent compared to July and, increased 6.9 per cent compared to August 2019.<\/li><li><strong>Townhomes:<\/strong>&nbsp;At $563,900, the Benchmark price for a&nbsp;<em>townhome<\/em>&nbsp;in the Fraser Valley increased 0.1 per cent compared to July and increased 3 per cent compared to August 2019.<\/li><li><strong>Apartments:<\/strong>&nbsp;At $437,300, the Benchmark price for&nbsp;<em>apartments\/condos<\/em>&nbsp;in the Fraser Valley remain unchanged compared to July and increased 4 per cent compared to August 2019.<\/li><\/ul>\n\n\n\n<p>Find the August Statistics Package&nbsp;<a href=\"http:\/\/fvreb.bc.ca\/statistics\/Package202008.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n<hr>\n<h3 style=\"text-align: center;\">Are you a stats geek?<\/h3>\n<h4 style=\"text-align: center;\">Want to see a breakdown of all the numbers yourself? Sign up for a&nbsp;<strong>Full Monthly Statistics Package<\/strong> every month.<\/h4>\n<table style=\"background-color: #8f0509;\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"width: 100%; text-align: center;\">\n<h2><span style=\"color: #ffffff;\">Get The Full Monthly Statistics Package<\/span><\/h2>\n<p><span style=\"color: #ffffff;\">[contact-form-7 id=&#8221;825&#8243; title=&#8221;Email Form&#8221;]<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>The Fraser Valley real estate market saw highest number of new listings in August within the last two decades. AUGUST 2020 MARKET REPORT Fraser Valley Real &hellip;<\/p>\n","protected":false},"author":2,"featured_media":8161,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,64],"tags":[],"class_list":["post-9504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-post","category-monthly-market-updates"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/9504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/comments?post=9504"}],"version-history":[{"count":1,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/9504\/revisions"}],"predecessor-version":[{"id":70566,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/9504\/revisions\/70566"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media\/8161"}],"wp:attachment":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media?parent=9504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/categories?post=9504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/tags?post=9504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}