highlights • Therewere610 M LS salesin G reaterVictoriain July,a5% declinem onth-over-m onth thatwas les than thetypicalJune-to-Julydeclineof11%.Thism arked thebusiestJulysince2021. • D espitethedecline,saleswerestil 8% higherthan July2023’sunusualylow total.O veral last m onth wasthethird slowestJulyin thelast11yearsafter2022(497sales)and 2023(565). • Salescam ein 17% below theprior10-yearJulyaverage(of734).D etached saleswerethefurthest below average(-25% to289),folowed bycondos(-5% to208)and townhom es(-2% to78).
GREATERVICTORIA THERENNIEADVANCE sales
JULY 2024
800
+ 6% vsJul2023
700
600
500
400
385 10 yr JulAvg
300
289
200
DETACHED sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
- 25% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
+ 10% vsJul2023
200
150
80 10 yr JulAvg
100
78
TOWNHOME sales
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 2% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
+ 9% vsJul2023
100 150 200 250 300 350 400
220 10 yr JulAvg
208
CONDO sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50
- 5% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
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