highlights • Therewere2,910M LS salesin theVancouverRegion in August,adrop of17% com pared tothe previousm onth thatwasgreaterthan thetypicalJuly-to-Augustdeclineof8%.Com pared with August2023,saleswerealso 17% lower(from 3,487 lastyear). • Lastm onth’ssalescountw asthelow estsinceJanuary and represented thefourth consecutive m onthlydecline.Itwasalsothesecond-fewestsalesforthem onth ofAugustin thepast12 years (behind August2022). • Salesin Augustwere28% lowerthan theprior10-yearAugustaverage.D etached hom esaleswere thefurthestbelow average(-42%,to894)folowed bytownhom es(-30%,to547)and condos (-20%,to1,340).
VANCOUVERREGION THERENNIEADVANCE sales
AUGUST2024
4,000
- 10% vsAug2023
3,500
3,000
2,500
2,000
1,529 10 yrAugAvg
1,500
1,000
DETACHED sales
894
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 42% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
- 18% vsAug2023
1,000 1,200 1,400 1,600
786 10 yrAugAvg
200 400 600 800
TOWNHOME sales
547
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 30% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
3,500
- 21% vsAug2023
3,000
2,500
2,000
1,681 10 yrAugAvg
1,500
1,340
1,000
CONDO sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 20% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
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