highlights • The 6,428 sales in the Vancouver Region in February 2021 were the second-most in any February on record; they were also 89% above January’s sales count and 69% higher than in February 2020. • Detached home and condo sales rose by double-digits compared to one year ago, up 93% and 77% respectively, while townhome sales rose by triple-digits (107%) on a year-over-year basis for the first time since January 2010. • Compared to the past-decade average, sales in February 2021 were higher for all home types: by 47% for detached homes, by 110% for townhomes, and by 73% for condos.
THE RENNIE ADVANCE
sales
FEBRUARY
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DETACHED sales
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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 March 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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