highlights • Therewere1,398 new M LS listingsin April,m arkingthem ostnew listingsforasinglem onth sinceM ay2019(1,458)and them ostnew listingsforthem onth ofAprilsince2016(1,417). • N ew supplyto them arketac elerated 28% from M arch,farexceeding thetypical4% M arch-to-A prilincreasein new listings.Therisew asprim arily driven by a45% increasein new detached hom elistings(to781),whilecondolistingswereup 14% (to467)and townhom elistings wereup 7% (to150). • N ew listingswere20% abovethepast-decadeAprilaverage(of1,162),with al hom etypessiting abovetrend,includingcondos(+34%),townhom es(+25%),and detached hom es(+12%).On a year-over-yearbasis,new listingswereup substantialyforal hom etypesin the46-58% range.
GREATERVICTORIA THERENNIEADVANCE new listings
APRIL2024
1,000
+ 58% vsApr2023
800
781
600
695 10 yrAprAvg
400
DETACHED new listings
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 12% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
+ 46% vsApr2023
250
200
150
120 10 yrAprAvg
150
100
TOWNHOME new listings
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 25% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
500
+ 55% vsApr2023
467
400
300
348 10 yrAprAvg
200
CONDO new listings
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 34% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
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