highlights • Therewere3,555MLSsalesintheVancouverRegioninJanuary,thelowesttotalinanymonth sinceMay2020.ComparedtoDecember2021,salesweredownby19%(consistentwithseasonal trends),whilecomparedtoJanuaryoneyearago,theywerelowerby11%.Thatsaid,January 2022’ssaleswere32%higherthanthepast-decadeJanuaryaverage. • ComparedtoDecember2021,MLSsalesdeclinedacroseachhometype,withtownhomes experiencingthelargestdropat27%,closelyfolowedbydetachedhomesat23%,andthencondos at13%.ComparedtoJanuary2021,saleswerelowerfordetachedhomesandtownhomesby22% and31%,respectively.Incontrast,condossaleswere12%higher. • Aswasthecaseatthebeginningof2021,MLSsalescountsroseoverthecourseofJanuary2022 asbuyersemergedfromtheirholidayhousehunthiatus.Towit,whiledailysalesaveraged150 duringthefirsthalfofJanuary,theyrosetoalmost300perdaybytheendofthemonth.
THERENNIEADVANCE sales
JANUARY 202
4,000
-22% vsJan2021
3,500
3,000
2,500
2,000
1,105 10 yrJanAvg
1,500
1,000
DETACHED sales
1,156
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500
+5% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
-31% vsJan2021
1,000 1,200 1,400 1,600
486 10 yrJanAvg
200 400 600 800
580
TOWNHOME sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0
+19% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
3,500
+12% vsJan2021
3,000
2,500
2,000
1,049 10 yrJanAvg
1,500
1,743
1,000
CONDO sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500
+66% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
Copyright©February1,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary1,202.AldatafromRealEstateBoard ofGreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
●
3
Made with FlippingBook - professional solution for displaying marketing and sales documents online