highlights • N ew M LS listingsof1,212 in Julydeclined in linewith theseasonaltrend,down 13% m onth-over-m onth versusthetypicalJune-to-Julydeclineof12%. • D espitethedecline,new listingsactivity rem ained quiteelevated in ahistoricalcontextat11% abovetheirprior10-yearJulyaverage(of1,089).N ew condo listingswerethefurthestabove average(+37% to415),folowed bynew townhom elistings(+7% to123)and new detached listings (+2% to609). • N ew listingswereup 14% on ayear-over-yearbasiswith new condolistingsup them ost(+42%) versus7% fortownhom esand 3% fordetached.
GREATERVICTORIA THERENNIEADVANCE new listings
JULY 2024
1,000
+ 3% vsJul2023
800
600
609
597 10 yr JulAvg
400
DETACHED new listings
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 2% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
+ 7% vsJul2023
250
200
150
115 10 yr JulAvg
100
123
TOWNHOME new listings
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 7% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
600
+ 42% vsJul2023
500
400
415
300
302 10 yr JulAvg
200
CONDO new listings
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 37% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
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