highlights • The median home sales price continued to trend upwards in November both on a year-over- year and month-over-month basis in the Greater Vancouver and Fraser Valley board areas. • Compared to last year, the median sales price for detached homes in the Greater Vancouver board area was 11% higher in November, followed by 4% for townhomes and 0.2% for condos. For the Fraser Valley board area, median sales prices increased by 16%, 8%, and 8%, respectively, compared to November 2019. • Increases in the median sales price were also seen on a month-over-month basis, with detached homes rising 4% in the Greater Vancouver board area and condos rising 0.3%. The median sales price for townhomes fell 3% compared to October. In the Fraser Valley board area, the median sales price for detached homes rose 4% month-over-month, followed by 1.1% for townhomes and 1.2% for condos.
THE RENNIE ADVANCE median prices
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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 © 2020 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 December 2, 2020. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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