highlights • TheGreaterVancouverboardareasawmonth-to-monthmedianpriceincreasesfortownhomes andcondosof2.7%and0.7%,respectively,whiledetachedhomepricesdippedby0.7%.Inthe FraserValeyboardarea,MarchpriceswerelowerforalhometypescomparedtoFebruary, withthemediandetachedhomepricefalingby4%,folowedbytownhomesat2%,andcondos at0.4%. • Despitethemonth-over-monthsofteningofprices,boththeGreaterVancouverandFraserValey boardareascontinuedtoregistersignificantyear-over-yearpricejumpsacrosalhometypes, withtheFraserValeyreportinglargerpriceincreasesacrosalhomesthanitscounterparttothe north.
THERENNIEADVANCE median prices
MARCH 202
• -
$2,000,000
+21% vsMar2021 Greater Vancouver
$2.00M $1.70M
$1,600,000
$1,200,000
$800,000
DETACHED median salesprice
FraserValey
$400,000
+28% vsMar2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 $0
━ GreaterVancouver ━ FraserValey
● March
$1,200,000
+28% vsMar2021 Greater Vancouver
$1,150,000
$1,000,000
$949,900
$800,000
$600,000
$400,000
TOWNHOME median salesprice
FraserValey
$200,000
+34% vsMar2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 $0
━ GreaterVancouver ━ FraserValey
● March
$1,000,000
+16% vsMar2021 Greater Vancouver
$800,000
$740,000
$600,000
$570,000
$400,000
CONDO median salesprice
FraserValey
$200,000
+30% vsMar2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 $0
━ GreaterVancouver ━ FraserValey
● March
Copyright©April1,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofApril1,202.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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