highlights • TheGreaterVancouverBoardAreaexperiencedbothmonth-to-monthandyear-over-year increasesinmedianprices,acrosalhometypes.ComparedtoDecember2021,townhomessaw thelargestincreaseat13%,whiledetachedhomesandcondosbothexperiencedanincreaseof7%. ComparedtoJanuary2021,townhomesagainsawthegreatestincreaseat39%,withdetached homesandcondosfolowingwithincreasesof30%and21%,respectively. • TheFraserValeyBoardAreafolowedasimilartrendtothatofGreaterVancouver,withprices risingforalhometypesonbothamonth-to-monthandyear-over-yearbasis.Detachedhomes sawthelargestmonth-to-monthincreaseat11%,andthesecond-highestyear-over-yearincrease at43%.Townhomesreporteda7%month-to-monthincrease,andthelargestyear-over-year increaseat45%.Mediancondopricesincreasedby6%month-over-month,and35% year-over-year. • -
THERENNIEADVANCE median prices
JANUARY 202
$2,000,000
+30% vsJan2021 Greater Vancouver
$1.98M $1.75M
$1,600,000
$1,200,000
$800,000
DETACHED median salesprice
FraserValey
$400,000
+43% vsJan2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 $0
━ GreaterVancouver ━ FraserValey
● January
$1,200,000
+39% vsJan2021 Greater Vancouver
$1,099,900 $930,000
$1,000,000
$800,000
$600,000
$400,000
TOWNHOME median salesprice
FraserValey
$200,000
+45% vsJan2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 $0
━ GreaterVancouver ━ FraserValey
● January
$1,000,000
+21% vsJan2021 Greater Vancouver
$800,000
$725,000 $562,000
$600,000
$400,000
CONDO median salesprice
FraserValey
$200,000
+35% vsJan2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 $0
━ GreaterVancouver ━ FraserValey
● January
Copyright©February1,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary1,202.AldatafromRealEstateBoard ofGreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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