highlights • For the first time since the onset of the pandemic in April 2020, median sales prices decreased on a month-over-month basis across all home types in the Greater Vancouver and Fraser Valley board areas. • In the Greater Vancouver board area, the median sales price of a detached home fell 4% from last month while falling 1.1% for townhomes and 0.5% for condos. In the Fraser Valley board area, the median sales price decreased similarly across all home types: down 0.7% for both detached homes and townhomes and down 0.9% for condos. • Compared to May of last year, median sales prices were up in both Greater Vancouver (by 21% for detached homes, 16% for townhomes, and 9% for condos) and the Fraser Valley (by 39% for detached homes, 26% for townhomes, and 15% for condos).
THE RENNIE ADVANCE median prices
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DETACHED 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 June 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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