MOI continues to rise as sales fall in both Vancouver and Fraser Valley. See latest weekly stats from Rob Chipman:
http://www.robchipman.net/chipmans-blog
Using he past 2 weeks stats (that provides more data than using just the current week):
Vancouver MOI = 7.5
FV MOI = 8.4
We could be on track for lowest sales for July in past 10 years (yes, even lower than credit crash year 2008).