highlights • O n am onth-to-m onth basis,m edian M LS salespricesin theG reaterVancouverand theFraser Valey board areasdeclined acros al hom etypes.In theG reaterVancouverboard area,detached hom esm edian pricesdeclined by3%,townhom esby4%,and condosby0.8%.In theFraserValey board area,m edian pricesdeclined by4%,1.8%,and 0.9% fordetached hom es,townhom es,and condos,respectively. • In spiteofthem onthlydeclines,m edian M LS salespricesin both theG reaterVancouverand FraserValeyBoard areas’rem ained aboveJuly2021 acros al hom etypes.D etached hom e m edian priceswere9% and 8% higher,whiletownhom eswereup 11% and 15%;and condos7% and 19% ,fortheG reaterVancouverboard areaand theFraserValey board area,respectively. •
THERENNIEADVANCE median prices
JULY 202
$2,000,000
+ 9% vsJul2021 Greater Vancouver
$1.75M
$1,600,000
$1.42M
$1,200,000
$800,000
DETACHED median salesprice
FraserValey
$400,000
+ 8% vsJul2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● July
$1,200,000
+ 11% vsJul2021 Greater Vancouver
$1,000,000
$995,000 $840,000
$800,000
$600,000
$400,000
TOWNHOME median salesprice
FraserValey
$200,000
+ 15% vsJul2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● July
$1,000,000
+ 7% vsJul2021 Greater Vancouver
$800,000
$692,500 $535,000
$600,000
$400,000
CONDO median salesprice
FraserValey
$200,000
+ 19% vsJul2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● July
Copyright© August2,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofAugust2,202 .Aldatafrom RealEstateBoardof GreaterVancouverandFraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipient oftheinform ationshouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained from aren ieandas ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
●
5
Made with FlippingBook - professional solution for displaying marketing and sales documents online