highlights • Overal,homepricessoftenedsomewhatinApril,witheachproducttypeinboththeGreater VancouverboardareaandFraserValeyboardareaseeingdeclinesfromMarch.IntheGreater Vancouverboardarea,themediantownhomepricefelby4%vsMarch(whilemediancondoand detachedhomepricesweredownbylesthan1%).IntheFraserValeyboardarea,themedian priceofadetachedhomefelby5%,thatoftownhomeswasdown4%,andforcondosthemedian pricedippedby0.7%. • Despitetherecentmonth-over-monthchanges,medianpricesinAprilremainedsignificantly abovethoseofoneyearago,foralhometypesandinbothboardareas.Furthermore,median priceswereupbymoreintheFraserValeyboardareathanintheGreaterVancouverboardarea foralproducttypes.OfnoteisthatthemediantownhomepriceintheFraserValeywasupthe most,at26%(comparedtoanincreaseof21%forthesametypeofhomeinGreaterVancouver). • -
THERENNIEADVANCE median prices
APRIL 202
$2,000,000
+17% vsApr2021 Greater Vancouver
$1.99M
$1,600,000
$1.61M
$1,200,000
$800,000
DETACHED median salesprice
FraserValey
$400,000
+20% vsApr2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 $0
━ GreaterVancouver ━ FraserValey
● April
$1,200,000
Greater Vancouver
$1,100,000 $913,000
$1,000,000
+21% vsApr2021
$800,000
$600,000
$400,000
TOWNHOME median salesprice
FraserValey
$200,000
+26% vsApr2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 $0
━ GreaterVancouver ━ FraserValey
● April
$1,000,000
+15% vsApr2021 Greater Vancouver
$800,000
$735,000
$600,000
$566,000
$400,000
CONDO median salesprice
FraserValey
$200,000
+26% vsApr2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 $0
━ GreaterVancouver ━ FraserValey
● April
Copyright©May2,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay2,202.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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