the vancouver rennie advance | August 2024

highlights • Therewere3,497 M LS salesin theVancouverRegion in July,adecreaseof4% m onth-over-m onth thatwasles than thetypicalJune-to-Julydeclineof12%.Relativeto July2023,saleswere6% low er(from 3,732 lastyear). • Thiswasthethird fewestsalesforthem onth ofJulyin thepast11 years.July2022 saw thefewest at2,837salesfolowed byJuly2018at3,254. • Salesin Julywere21% lowerthan theprior10-yearJulyaverage.D etached hom esaleswerethe furthestbelow average(-37% to1,089)folowed bytownhom es(-16% to714)and condos(-12% to 1,568).

VANCOUVERREGION THERENNIEADVANCE sales

JULY 2024

4,000

- 1% vsJul2023

3,500

3,000

2,500

2,000

1,739 10 yr JulAvg

1,500

1,000

DETACHED sales

1,089

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500

- 37% vs10yrJulAvg

﹍ 10 yrJulyAverage

● July

- 7% vsJul2023

1,000 1,200 1,400 1,600

851 10 yr JulAvg

200 400 600 800

714

TOWNHOME sales

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0

- 16% vs10yrJulAvg

﹍ 10 yrJulyAverage

● July

3,500

- 10% vsJul2023

3,000

2,500

2,000

1,776 10 yr JulAvg

1,500

1,568

1,000

CONDO sales

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500

- 12% vs10yrJulAvg

﹍ 10 yrJulyAverage

● July

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