highlights • Total listings in the Greater Vancouver board area were lower on a year-over-year basis for the 8th consecutive month in May (by 35%). Detached inventory was down 39%, townhomes were down 38%, and condos were down 29%. • May’s 10,096 total listings were 2% higher than in April. Detached and condo inventories were up by 0.5% and 3%, respectively, while townhome inventory declined by 1.6%. • The Greater Vancouver board area’s sales-to-listings (S-L) ratio increased between April and May, reflecting a balanced market for all home types (the S-L ratio was 13% for detached homes, 20% for townhomes, and 15% for condos in May).
total listings THE RENNIE ADVANCE
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DETACHED listings
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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 June 2, 2020. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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