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In August, Greater Vancouver real estate showed resilience with a $9,841 price surge and an average sale price of $1,283,604. Despite a decline in inventory and month-over-month decrease, the market demonstrated buoyancy with a year-over-year increase of 417 units sold. The detached asset class experienced a remarkable upswing, with an average sale price of $2,345,266, surpassing the previous price peak in April 2022. However, inventory remains constrained, resulting in subdued sales volumes.
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