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294 units in August 2021. This was a substantial reduction of 16% from August 2020. Home sales were 7. 5% below the five-year average and 1. 6% above the 10-year average for the month of August. This was a dive of 47. 3 %from the same period in 2020. "Sales activity taped another year-over-year decrease in August, although this is to be expected moving through the rest of this year and perhaps even into the start of 2022 as we move past last year's remarkably high figures," stated Chelsea Mann, President of the Kamloops & District Realty Board. New listings, nevertheless, were down considerably below their long-lasting averages for this time of year. We may see the marketplace start to tighten once again if home sales remain strong and supply continues to retreat." The MLS Home Cost Index (HPI) tracks cost trends much more properly than is possible using average or typical cost procedures. eXp Realty Canada for single-family homes was$ 609,400, a gain of 27% on a year-over-year basis in August. By contrast, the benchmark rate for townhouse/row units was$ 452,200, up by 21.

8% compared to a year earlier, while the benchmark home price was$ 324,900, an increase of 14. 8% from year-ago levels. 9% from August 2020. The more comprehensive year-to-date average price was$ 546,048, a gain of 23. 9% from the very first eight months of 2020. The dollar value of all house sales in August 2021 was.

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$ 164. 1 million, up modestly by 2. 4% from the exact same month in 2020. This was likewise a brand-new record for the month of August. 8% from August 2020. There were 373 brand-new property listings in August 2021. This was the most affordable variety of brand-new listings included the month of August in more than 15 years. New listings were 12.

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6% below the five-year average and 12. 4% listed below the 10-year average for the month of August. 2 months for this time of year. The variety of months of inventory is the variety of months it would take to offer existing inventories at the present rate of sales activity. With this state of the art online home