the rennie advance - May 2023

highlights • Therewere4,216 M LS salesin theVancouverRegion lastm onth.Thisrepresented a5% increase overM arch 2023,in contrastto thetypical7% M arch-to-A prildeclinein sales.D espitethis, April’ssalescountwasstil 12% lowerthan oneyearago,and 15% lowerthan thepast-decade average. • O n am onth-over-m onth basis,salescountswereup foral hom etypes.Salesofdetached hom es wereup them ost(by6%),folowed closelybycondos(up by5%)and townhom es(up by4%). • O n ayear-over-yearbasis,salescountswerelowerforal hom etypes.Condo salesweredown the m ost(by15%),folowed bytownhom esales(down by13%),and detached hom esales(down by 10%).

THERENNIEADVANCE sales

APRIL 2023

4,000

- 10% vsApr2022

3,500

3,000

2,500

2,000

2,091 10 yrAprAvg

1,402

1,500

1,000

DETACHED sales

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500

- 33% vs10yrAprAvg

﹍ 10 yrAprilAverage

● April

- 13% vsApr2022

1,000 1,200 1,400 1,600

785

919 10 yrAprAvg

200 400 600 800

TOWNHOME sales

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0

- 15% vs10yrAprAvg

﹍ 10 yrAprilAverage

● April

3,500

- 15% vsApr2022

3,000

2,500

1,903

2,000

1,834 10 yrAprAvg

1,500

1,000

CONDO sales

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500

+ 4% vs10yrAprAvg

﹍ 10 yrAprilAverage

● April

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