highlights • The Vancouver Region tallied more MLS sales in January 2021 than in any previous January on record, eclipsing the 4,000-mark. This was 62% above January 2020 and 57% higher than the past-decade January average. • Sales in January were up by double-digits across all home types compared to one year ago, with detached homes up 78%, townhomes up 63%, and condos up 48%. • There were more condos sold in January (1,565) than either detached homes (1,500) or townhomes (835), with January’s condo sales being the most of any January in at least the past 20 years.
THE RENNIE ADVANCE
sales
JANUARY 2021
1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
January
vs Jan 2020 78%
10yr Jan Avg 1,079 vs 10yr Jan avg 39%
1,500
DETACHED sales
0 500
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
vs Jan 2020 63%
1,000 1,200 1,400
January
vs 10yr Jan Avg 88%
835
0 200 400 600 800
10yr Jan Avg 444
TOWNHOME sales
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3,000
January
vs Jan 2020 48%
2,500
2,000
vs 10yr Jan Avg 60%
1,565
1,500
10yr Jan Avg 981
1,000
CONDO sales
500
0
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of February 2, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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