highlights • ThenumberofMLSsalesintheVancouverRegionsurgedto6,862inMarch,a32%jump comparedtoFebruary(granted,ashortmonth),andthe3rd-mostMarchsalesever.Comparedto lastyear’srecordsalesforMarch(ofcloseto9,000),lastmonth’ssalesweredown23%,though theywere35%higherthanthepast10-yearMarchaverage. • Onamonth-over-monthbasis,salesincreasedacrosalhometypesinMarch,withtownhomes seeingthegreatestincreaseat37%,butcloselyfolowedbydetachedhomesandcondosat32% and31%,respectively.Notsurprisingly,salesacrosalhometypesweredowncomparedtolast year’srecordMarch,withdetachedsaleslowerby33%,folowedbytownhomesat24%,and condosat11%. • InwhatamountedtoacontinuationofFebruary’send-of-monthmomentum,Marchaveraged morethan300dailysales.
THERENNIEADVANCE sales
MARCH 202
4,000
-33% vsMar2021
3,500
3,000
2,332
2,500
2,000
2,144 10 yrMarAvg
1,500
1,000
DETACHED sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500
+9% vs10yrMarAvg
﹍ 10 yrMarchAverage
● March
1,000 1,200 1,400 1,600 1,800
-24% vsMar2021
1,271
913 10 yrMarAvg
200 400 600 800
TOWNHOME sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0
+39% vs10yrMarAvg
﹍ 10 yrMarchAverage
● March
3,500
3,117
-11% vsMar2021
3,000
2,500
2,000
1,912 10 yrMarAvg
1,500
1,000
CONDO sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500
+63% vs10yrMarAvg
﹍ 10 yrMarchAverage
● March
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