highlights • Forthefirsttim esinceJune,inventoryexpanded intoSeptem beron am onth-over-m onth basis — onlybyahair,at0.8% — 15,038 listings.W hilethisisin linew ith thetypicalseasonalriseof 1.3%,lastm onth’sinventoryrem ains21% below thepast-decadeaverageforSeptem ber. • Com pared toAugust,detached and townhom einventoryfel by2% (to6,849 listings)and 0.9% (to 2,232),respectively;while,condo inventoryroseby5% (to 5,501).Com pared to lastyear, inventorywasup foral hom etypesin Septem ber— by64% fortownhom es,26% fordetached hom es,and 4% forcondos. • Therewere5.7 m onthsofinventory(M O I)in Septem ber,reflectingbalanced conditionsin the VancouverRegion.Thatsaid,onlythedetached segm entofthem arketwasbalanced (M O Iof 8.0),with conditionsfavouringselerscontinuingtocharacterizethetownhom eand condo segm ents(each w ith 4.7 M O I).
THERENNIEADVANCE total listings
SEPTEMBER 202
14,000
+ 26% vsSep 2021
12,000
10,000
8,000
9,188 10 yrSep Avg
6,000
6,849
4,000
DETACHED listings
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2,000
- 25% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
+ 64% vsSep 2021
2,720 10 yrSep Avg
2,232
TOWNHOME listings
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500
- 18% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
12,000
4% vsSep 2021
10,000
8,000
6,000
6,598 10 yrSep Avg
5,501
4,000
CONDO listings
2,000
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 17% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
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