H I G H L I G H T S • Sales in the Greater Vancouver board area in April were up for the 4 th consecutive month, rising 6% vs March, to 1,835. • On a year-over-year basis, sales of all products types decreased: by 28% for detached, 20% for townhomes, and 32% for condos. Notably, these were the smallest year-over-year gaps for condos and townhomes since July 2018 and February 2018, respectively. • In April, sales remained below the past-decade average (by 45%). The number of detached, townhome, and condo sales were each below their historical April averages, by 56%, 38%, and 37% respectively.
sales T H E R E N N I E A D V A N C E
APRIL 2019
2,500
April
vs 10yr Apr Avg 56%
2,000
1,500
10yr Apr Avg 1,334
1,000
DETACHED sales
588
vs Apr 2018 28%
500
0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
0 100 200 300 400 500 600 700 800
April
vs 10yr Apr Avg 38%
10yr Apr Avg 509
316
vs Apr 2018 20%
TOWNHOME sales
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2,500
April
vs 10yr Apr Avg 37%
2,000
10yr Apr Avg 1,401
1,500
1,000
vs Apr 2018 32%
888
CONDO sales
500
0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Current as of May 2, 2019. All data from the Real Estate Board of Greater Vancouver. The information set out herein (the “Information”) is intended for informational purposes only. RAR & RMS has not verified the information and does not represent, warrant or guarantee the accuracy, correctness and completeness of the information. RAR & RMS does not assume any responsibility or liability of any kind in connection with the information and the recipient’s reliance upon the information. 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 may change any time without notice or obligation to the recipient from RAR & RMS.
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