highlights • Recent pricing trends continued in August with relatively little change to median prices. Median sales prices of detached homes were up 2.8% compared to July in the Greater Vancouver board area, while condo prices fell marginally and townhome prices were unchanged. The Fraser Valley board area saw a little more movement with median detached and condo prices up 3% in August compared to July, while the townhouse median price moved up by 0.9%. • Median sales prices continued to trend significantly higher than August 2020’s values, as they were up by 20% for detached homes in the Greater Vancouver board area, 14% for townhomes, and 8% for condos. In the Fraser Valley board area, median sales prices for detached homes were up 32%, for townhomes up 22%, and for condos up 18%.
THE RENNIE ADVANCE median prices
AUGUST 2021
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DETACHED median sales price
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TOWNHOME median sales price
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CONDO median sales price
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Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of September 2, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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