highlights • ActiveM LS listingsreached 22,430 attheend ofSeptem ber–thehighestlevelin anym onth going back toJuly2014 (23,553 listings).Thiswas31% abovetheprior10-yearSeptem beraverage(of 17,104). • Condoinventory(8,733 listings)wasthefurthestaboveaverageat45%,folowed bytownhom es (+31%,to3,138)and detached hom es(+18%,to9,685). • TheVancouverRegion fel into buyers’m arketter itoryforthefirsttim esinceApril2020 with 8.1 m onthsofinventory,up from 7.2 in August.Thiswasentirelydriven bythedetached m arket with an M O Iof11.4,whereasboth thecondoand townhom esegm entswereconsidered balanced with M O Isof7.0 and 5.4,respectively.
VANCOUVERREGION THERENNIEADVANCE inventory
SEPTEMBER 2024
14,000
+ 28% vsSep 2023
12,000
10,000
9,685
8,000
8,197 10 yrSep Avg
6,000
4,000
DETACHED inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2,000
+ 18% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
+ 51% vsSep 2023
3,138
2,403 10 yrSep Avg
TOWNHOME inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
+ 31% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
12,000
+ 46% vsSep 2023
10,000
8,000
8,733
6,000
6,011 10 yrSep Avg
4,000
CONDO inventory
2,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 45% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
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