highlights • O n am onth-over-m onth basis,theG reaterVancouverboard areasaw an increaseof0.1% in m edian sold prices(averaged acros hom etypes),w hiletheFraserValey experienced adeclineof 0.5%.In G reaterVancouver,townhom eand condo pricesfel by0.9% and 0.3% respectively,while detached hom epricesroseby 1.5% .In theFraserValey detached pricesw ereflat,w hile townhom epricesfelby0.6% and condopricesdeclined 0.9%. • O n ayear-over-yearbasis,m edian sold pricesin G reaterVancouverw ereup 1.9% (averaged acros hom etypes)whiletheFraserValeyboard saw aslight0.1% decline.In G reaterVancouver, detached hom epriceswere3% higher,townhom epriceswere3% higher,whilecondoswere0.1% lower.In theFraserValey,detached hom epriceswere2% lower,townhom espriceswereflat, whilecondopriceswere1.9% higher.
VANCOUVERREGION THERENNIEADVANCE median prices
MAY 2024
•
$2,000,000
+ 3% vsM ay2023 Greater Vancouver
$1.97M
$1,600,000
$1.50M
$1,200,000
$800,000
DETACHED median salesprice
FraserValey
$400,000
- 2% vsM ay2023
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
━ G reaterVancouver ━ FraserValey
● May
$1,200,000
Greater Vancouver
$1,080,000
$1,000,000
+ 3% vsM ay2023
$800,000
$850,000
$600,000
$400,000
TOWNHOME median salesprice
FraserValey
$200,000
- vsM ay2023
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
━ G reaterVancouver ━ FraserValey
● May
$1,000,000
- vsM ay2023 Greater Vancouver
$800,000
$727,500
$600,000
$545,000
$400,000
CONDO median salesprice
FraserValey
$200,000
+ 2% vsM ay2023
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
━ G reaterVancouver ━ FraserValey
● May
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