highlights • ComparedtoNovember2021,GreaterVancouverboardareamedianpriceswerehigherby2% forcondos,lowerby3%fortownhomes,andwereunchangedfordetachedhomes.Ona year-over-yearbasis,medianpriceswerehigheracrosalproducttypes,withdetachedhomes experiencingthelargestriseat23%,folowedby19%and16%fortownhomesandcondos, respectively. • IntheFraserValeyboardarea,medianpriceswerehigheracrosalproducttypescomparedto lastmonth.Townhomestalieda6%increase,folowedbycondosat4%anddetachedhomesat 2%.ComparedtoDecember2020,changeswerepositiveandhigherthanintheGreater Vancouverboardarea,withtownhomesseeingthelargestincreaseof41%,closelyfolowedby detachedhomesat38%,andthencondosat30%. • -
THERENNIEADVANCE median prices
DECEMBER 2021
$2,000,000
+23% vsDec2020 Greater Vancouver
$1.85M $1.58M
$1,600,000
$1,200,000
$800,000
DETACHED median salesprice
FraserValey
$400,000
+38% vsDec2020
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 $0
━ GreaterVancouver ━ FraserValey
● December
$1,000,000
Greater Vancouver
$975,000 $870,000
$800,000
+19% vsDec2020
$600,000
$400,000
TOWNHOME median salesprice
$200,000
FraserValey
+41% vsDec2020
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 $0
━ GreaterVancouver ━ FraserValey
● December
$1,000,000
+16% vsDec2020 Greater Vancouver
$800,000
$680,000 $528,500
$600,000
$400,000
CONDO median salesprice
FraserValey
$200,000
+30% vsDec2020
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 $0
━ GreaterVancouver ━ FraserValey
● December
Copyright©January5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionofthereniegroupofcompanies.CurentasofJanuary5,202.AldatafromRealEstateBoard ofGreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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