highlights • Year-over-year, total sales were up by 55% in November (to 2,505). This was the seventh straight month of 2,000-plus sales and the largest year-over-year increase since December 2013. • Total sales were 1.4% above their past-decade average. Townhomes and condos led the way, being up 6% and 8% versus their decade averages, respectively. Detached sales were, however, down by 8% relative to their historical average.
sales THE RENNIE ADVANCE
NOVEMBER 2019
2,500
November
2,000
vs 10yr Nov Avg 8%
1,500
10yr Nov Avg 910
1,000
834
DETACHED sales
500
vs Nov 2018 60%
0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
0 100 200 300 400 500 600 700 800
November
vs 10yr Nov Avg 6%
10yr Nov Avg 376
397
TOWNHOME sales
vs Nov 2018 55%
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2,500
November
2,000
vs 10yr Nov Avg 8%
1,500
1,220
10yr Nov Avg 1,131
1,000
vs Nov 2018 50%
CONDO sales
500
0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Copyright © 2019 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of December 2, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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