highlights • The 5,073 MLS sales in the Vancouver Region in December 2020 were the most for any December in the region’s history (16% higher than the second-most December sales, achieved in 2015). • December also marked the 7th consecutive month of year-over-year sales count growth in the region, with total sales up 61% versus December 2019. Sales activity was elevated for each home type, with year-over-year detached sales up 80%, townhomes up 74%, and condos up 42%. • Compared to the past-decade December average, sales were 82% higher overall (up 72% for detached homes, 105% for townhomes, and 80% for condos).
THE RENNIE ADVANCE
sales
DECEMBER
1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
December
vs Dec 2019 80%
10yr Dec Avg 1,169 vs 10yr Dec avg 72%
2,015
DETACHED sales
0 500
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
1,400
December
1,200
vs Dec 2019 74%
1,005
1,000
10yr Dec Avg 489 vs 10yr Dec Avg 105%
800
600
TOWNHOME sales
400
200
0
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
3,000
December
vs Dec 2019 42%
2,500
10yr Dec Avg 1,078 vs 10yr Dec Avg 80%
2,000
1,936
1,500
1,000
CONDO sales
500
0
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
Copyright © 2020 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 January 5, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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