The average cost of a home in the region now stands at $501,584, an increase of 22 per cent compared to August 2019 and 55 per cent compared to 2017.

The Central Okanagan has seen 317 single family homes sold in August - a 62 percent increase from 2019.

The club would like the property to stay in its current condition to protect the habitat of wild animals and plants.

The average price of a home in Hamilton and Burlington was $694,690 in August, relatively flat compared to July, but 16.3 per cent higher compared to August 2019.

The Canadian housing market broke sales and price records in July, continuing to play catch-up after spring shutdowns.

“It might be better for us just to stop production for 90 days, 120 days, and curtail the demand in order to move forward."

According to the Manitoba Real Estate Association (MREA), the province reached its highest number of single-month sales in July, surpassing last year's highs over the same period.

According to the Realtors Association of Edmonton, even though concerns remain over the coronavirus pandemic, residential sales in the city and surrounding areas are up this summer.

'We're seeing unprecedented numbers for a summer market.'

Although prices are down in some markets, the Saskatchewan Realtors Association says the number of sales were up in all markets it tracks.