highlights • In both the Greater Vancouver and Fraser Valley board areas, median sales prices were higher across all home-types on a year-over-year basis in August. • For detached homes in the Greater Vancouver board area, median prices rose 7% compared to August 2019, while townhomes were up 7% and condos were higher by 3%. In the Fraser Valley board area, median sales prices for detached homes rose by 12% while those for townhomes and condos rose 9% each. • Compared to July 2020, median prices in the Greater Vancouver board area were higher by 1.1% in August for detached homes, by 0.2% for townhomes, and by 1.4% for condos. Detached homes and townhome median prices rose by 2% and 3%, respectively, in the Fraser Valley board area, while for condos they fell by 1.2%.
THE RENNIE ADVANCE median prices
AUGUST
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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 August 3, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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