These reports are the latest Burnaby Real Estate information for Condo, Townhouse and House based on last month data to generate in General. Besides that, it has past year data summary.
From these reports, you can narrow down the Real Estate Market in a special area, by the active listings and SOLD. And these information can conclude the active-to-sold ratio. Based on the ratio, one can determine whether the current market is Seller Market, Buyer Market or Balance Market.
Why these information is import is that this can help you to place a strategy for you to put up an offer and give your knowledge how is the current market doing, etc.