highlights • January’s 1,577 sales across the Greater Vancouver board area were up 43% compared to January 2019 —the 7 th consecutive month of double-digit year-over- year increases. Detached home sales were up by 30%, townhomes by 54%, and condos by 46%. • In comparison to the average for the past-decade , where sales declined 9% between December and January, the most recent count of month-over-month sales were down 22%. This was seen across all home types, with detached sales falling by 26% month- over-month, townhomes down 7%, and condos down 23%. • Compared to the 10-year January average of 1,735, January’s sales in 2020 were 9% lower.
sales THE RENNIE ADVANCE
JANUARY
2,500
January
2,000
1,500
vs 10yr Jan Avg 32%
vs Jan 2019 30%
1,000
DETACHED sales
10yr Jan Avg 656
500
444
0
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
0 100 200 300 400 500 600 700 800
January
vs 10yr Jan Avg 9%
272
10yr Jan Avg 251
TOWNHOME sales
vs Jan 2019 54%
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2,500
January
2,000
vs 10yr Jan Avg 3%
1,500
1,000
10yr Jan Avg 790
815
CONDO sales
500
vs Jan 2019 46%
0
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
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 February 3, 2020. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
Made with FlippingBook - professional solution for displaying marketing and sales documents online