highlights • Aftersevenstraightmonthsoffalinginventory,totallistingsintheVancouverRegionwereupby 9%inJanuarycomparedtoDecember,to7,347.Despitethisexpectedseasonalincreasebeing realized,inventoryremainshistoricalylow,at38%belowitsleveloneyearagoand50%belowthe past-decadeJanuaryaverage.Lastmonth’scountwasalsothefifth-lowestinanymonthgoing backtothebeginningoftheavailabledatainJune1989. • Onamonth-over-monthbasis,townhomesexperiencedthelargestrelativeincreaseinlistingsat 30%,folowedbycondosat7%,anddetachedhomesat6%.Thatsaid,theabsoluteincreaseinthe numberoftownhomesavailableforpurchase(+184)waslesthantheincreaseofbothdetached (+190)andcondo(+197). • Conditionscontinuetostronglyfavourselers.
THERENNIEADVANCE total listings
JANUARY 202
14,000
-23% vsJan2021
12,000
10,000
8,000
6,878 10 yrJanAvg
6,000
4,000
DETACHED listings
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 2,000 3,344
-51% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
-51% vsJan2021
2,098 10 yrJanAvg
TOWNHOME listings
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500 800
-62% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
12,000
-47% vsJan2021
10,000
8,000
6,000
5,259 10 yrJanAvg
4,000
CONDO listings
2,000
2,968
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0
-44% 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.
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