the vancouver rennie advance | May 2024

highlights • Therewere4,227M LS salesin theVancouverRegion in April,which wasthehighestm onthly totalsinceJune2023 and thefirsttim etheregion surpas ed the4,000 threshold sincelast sum m er.Lastm onth’stotalwasup 16% from M arch,in contrastto thetypicalseasonalpatern of an 8% M arch-to-A prildecrease. • Salescountsin Aprilwere0.7% abovethesam em onth lastyear,though rem ained 8% below the past-decadeA prilaverage. • Saleswerelower,on ayear-over-yearbasis,fordetached hom esand condos,by5% and 0.8% respectively,whiletownhom esaleswere10% higher.O n am onth-over-m onth basis,saleswereup foralhom etypes:detached hom esby18%,townhom esby10%,and condosby16%.

VANCOUVERREGION THERENNIEADVANCE sales

APRIL2024

4,000

- 5% vsApr2023

3,500

3,000

2,500

2,000

2,028 10 yrAprAvg

1,500

1,000

DETACHED sales

1,296

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500

- 36% vs10yrAprAvg

﹍ 10 yrAprilAverage

● April

+ 10% vsApr2023

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

928 10 yrAprAvg

200 400 600 800

861

TOWNHOME sales

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0

- 7% vs10yrAprAvg

﹍ 10 yrAprilAverage

● April

3,500

- 1% vsApr2023

3,000

2,500

2,000

1,899 10 yrAprAvg

1,884

1,500

1,000

CONDO sales

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500

- 1% vs10yrAprAvg

﹍ 10 yrAprilAverage

● April

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