highlights • TheVancouverRegion talied 2,326 M LS salesin January2024,an 11% increasefrom D ecem ber, and thefirstm onthly increasein salescountsin them etro areasinceM ay.D espitethis,itw asstil thethird-low estJanuary salescountin thepastten years,and w as16% below thepast-decade January average. • N otably,theincreasein saleslastm onth,from D ecem ber’s2,103,ran counterto thetypical seasonalpatern ofa16% decline.Salesforal hom etypesincreased,by9% fordetached hom es, by24% fortownhom es,and by6% forcondos. • In addition to them onth-to-m onth increasein transactionsseen regionaly,January’ssalescounts foral hom etypeswerehighercom pared toJanuary2023’shistoricalylow totals:by9% for detached hom es,by24% fortownhom es,and by6% forcondos.
VANCOUVERREGION THERENNIEADVANCE sales
JANUARY2024
4,000
+ 43% vsJan2023
3,500
3,000
2,500
2,000
1,071 10 yr Jan Avg
1,500
1,000
DETACHED sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500 732
- 32% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
+ 57% vsJan2023
1,000 1,200 1,400 1,600
502 10 yr Jan Avg
200 400 600 800
TOWNHOME sales
453
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 10% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
3,500
+ 38% vsJan2023
3,000
2,500
2,000
1,150 10 yr Jan Avg
1,500
1,000
CONDO sales
1,063
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 8% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
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