highlights • At937,new M LS listingsin Februarywere12% higherthan in January.Thisincreasewasdriven bydetached hom esand townhom es,which increased by25% and 27%,respectively.N ew condo listingsfel by 8% in February. • Com pared to thepast-decadeaverage,new listingsw ere8% higherin February and reached their highestFebruarytotalsince2016. • Acros hom etypes,new listingswerehigherin February2024 than oneyearearlier.D etached hom eswere32% higher,townhom eswereup 37%,and condoswerehigherby24% (resultingin overal new listingsbeing up 30% year-over-year).
GREATERVICTORIA THERENNIEADVANCE new listings
FEBRUARY 2024
1,000
+ 32% vsFeb2023
800
600
464 10 yrFebAvg
400
472
DETACHED new listings
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 2% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
+ 37% vsFeb2023
250
200
150
163
130 10 yrFebAvg
100
TOWNHOME new listings
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 25% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
500
+ 24% vsFeb2023
400
300
302
271 10 yrFebAvg
200
CONDO new listings
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 12% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
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