highlights • O n am onth-over-m onth basis,theG reaterVancouverboard areasaw an increasein m edian sold pricesby0.3% (on averageacros hom etypes),whereastheFraserValeyexperienced adeclineof 1.1%.In GreaterVancouver,townhom eand condom edian pricesfelby3% and 0.6%, respectively,w hereasdetached hom em edian pricesroseby 4% .In theFraserValey,detached hom eand townhom em edian pricesfel by1.0% and 3%,respectively,whilecondom edian prices roseby0.5%. • O n ayear-over-yearbasis,m edian sold pricesin both theG reaterVancouverand FraserValey board areasw erehigher— respectively,by 9% and 6% (on averageacros types).In G reater Vancouver,townhom em edian priceswere12% higher,detached hom eswere11% higher,and condoswere4% higher.In theFraserValey,detached hom em edian priceswere7% higher, condoswere5% higher,and townhom eswere4% higher. •
THERENNIEADVANCE median prices
AUGUST 2023
$2,000,000
+ 11% vsAug2022 Greater Vancouver
$1.89M
$1,600,000
$1.44M
$1,200,000
$800,000
DETACHED median salesprice
FraserValey
$400,000
+ 7% vsAug2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● August
$1,200,000
Greater Vancouver
$1,000,000
$1,061,000
+ 12% vsAug2022
$800,000
$825,000
$600,000
$400,000
TOWNHOME median salesprice
FraserValey
$200,000
+ 4% vsAug2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● August
$1,000,000
+ 4% vsAug2022 Greater Vancouver
$800,000
$721,000
$600,000
$540,000
$400,000
CONDO median salesprice
FraserValey
$200,000
+ 5% vsAug2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● August
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