Benchmark prices up accross the board, between 17%-32.8%

In March benchmark prices for detached homes passed the million mark for the first time. 
Since then the rapid increase slowed to a crawl with a slight decrease in July.
August saw a return to increasing prices as the benchmark price jumped up $8800 in 30 days.

April: $972,600
March: $1,043,900
April: $1,098,700
May: $1,121,500
June: $1,131,000
July: $1,129,900
August: $1,138,700

In just 6 months the benchmark price for detached homes in Maple Ridge has increased $166,100

Just like the Tri City area August saw a large supply decrease across the board.
  Between 44%-71.8%
If this trend continues it may lead to increasing prices as buyers compete for fewer homes this fall.


While sales remain on par with July 2021, they have take a big step down from August 2020...due largely to low stock
Detached: -10.7%
Condo: 0%
Townhouse: -26.3%