highlights • Therewere583 M LS salesin G reaterVictoriain April,which was22% below thepast-decade averageforthem onth (747 sales).Thism arked thesecond-lowestApriltotalsince2012 (544 sales),surpas ingonlyApril2020duringtheonsetofthepandem ic. • D etached hom esalesw erethefurthestbelow theirlong-run A prilaverageat-30% (305 sales), versus-14% forcondos(196)and -3% fortownhom es(82). • Salesactivity rose9% m onth-over-m onth,m orethan tw icethetypicalM arch-to-A prilincreaseof 4% .Therisew asrelatively consistentacros hom etypes.O n ayear-over-yearbasis,overal sales countsweredown 3% relativetoApril2023,driven bycondos(-5%)and detached hom es(-4%). Townhom esalesweretheonlyhom etypetoregisteran increase,up 5%.
GREATERVICTORIA THERENNIEADVANCE sales
APRIL2024
800
- 4% vsApr2023
700
600
500
400
433 10 yrAprAvg
300
305
200
DETACHED sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
- 30% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
+ 5% vsApr2023
200
150
85 10 yrAprAvg
100
82
TOWNHOME sales
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 3% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
- 5% vsApr2023
100 150 200 250 300 350 400
229 10 yrAprAvg
196
CONDO sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50
- 14% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
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