highlights • O n am onth-over-m onth basis,theG reaterVancouverboard areasaw an increaseof2% in m edian sold prices(averaged acros hom etypes),w hiletheFraserValey experienced an increaseof2% .In G reaterVancouver,each hom etypem edian pricerose:by5% fordetached hom es,by0.7% for townhom es,and by2% forcondos.In theFraserValey,detached and townhom epricesgrew by 4% and 3%,respectively,whilecondo priceswereunchanged. • O n ayear-over-yearbasis,m edian sold pricesin both theG reaterVancouverand FraserValey board areasw erehigher,by 7% (on averageacros types)and 10% ,respectively.In G reater Vancouver,detached hom em edian priceswere11% higher,townhom eswere5% higher,and condoswere6% higher.In theFraserValey,detached hom em edian priceswere11% higher, whiletownhom esand condoswere14% and 6% higher,respectively.
VANCOUVERREGION THERENNIEADVANCE median prices
FEBRUARY 2024
•
$2,000,000
+ 11% vsFeb2023 Greater Vancouver
$1.90M
$1,600,000
$1.45M
$1,200,000
$800,000
DETACHED median salesprice
FraserV aley
$400,000
+ 11% vsFeb2023
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
━ G reaterVancouver ━ FraserValey
● February
$1,200,000
+ 5% vsFeb2023 Greater Vancouver
$1,188,000
$1,000,000
$875,000
$800,000
$600,000
$400,000
TOWNHOME median salesprice
FraserV aley
$200,000
+ 14% vsFeb2023
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
━ G reaterVancouver ━ FraserValey
● February
$1,000,000
+ 6% vsFeb2023 Greater Vancouver
$800,000
$720,000
$600,000
$530,000
$400,000
CONDO median salesprice
FraserV aley
$200,000
+ 6% vsFeb2023
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
━ G reaterVancouver ━ FraserValey
● February
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