the vancouver rennie advance | May 2024

highlights • Therewere10,765new M LS listingslastm onth— 36% higherthan in M arch and the second-highesttotalforA prilin thepastdecade.Thisincreaseran counterto thetypical M arch-to-Aprildeclineof1.2%,and lastm onth’snew listingswere28% greaterthan the past-decadeAprilaverage(of8,422). • Therewererelativelyconsistentchangesin m onth-to-m onth new listingsbyhom etype,with new detached listingsup 39% (to4,017),townhom elistingsup 37% (to1,850),and condolistingsup 33% (to4,438). • Relativeto thelong-run average,new listingsbyhom etypein Aprilwereal higher,butquite diferentfrom each other:detached hom esby5%,townhom esby29%,and condosby45%.

VANCOUVERREGION THERENNIEADVANCE new listings

APRIL2024

7,000

+ 61% vsApr2023

6,000

5,000

4,000

3,813 10 yrAprAvg

4,017

3,000

2,000

DETACHED new listings

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1,000

+ 5% vs10yrAprAvg

﹍ 10 yrAprilAverage

● April

+ 64% vsApr2023

2,500

2,000

1,850

1,500

1,436 10 yrAprAvg

1,000

TOWNHOME new listings

500

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

+ 29% vs10yrAprAvg

﹍ 10 yrAprilAverage

● April

5,000

+ 59% vsApr2023

4,000

4,438

3,000

3,068 10 yrAprAvg

2,000

CONDO new listings

1,000

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

+ 45% vs10yrAprAvg

﹍ 10 yrAprilAverage

● April

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