highlights • Therewere530 M LS salesin G reaterVictoriain August,thefourth consecutivem onthlydecline and thefew estsinceFebruary (465 sales).Salespeaked in M ay at760. • Totalsalescam ein 23% below theirprior10-yearAugustaverage(of690).D etached saleswere thefurthestbelow average(-32% to243),folowed bycondos(-15% to180)and townhom es(-6% to 73). • W hilesalesw eresoftrelativeto theirlong-run A ugustaverage,they w ereactualy up forthe second Augustin arow.Therewere481M LS salesin August2022and 525in August2023.
GREATERVICTORIA THERENNIEADVANCE sales
AUGUST2024
800
- 6% vsAug2023
700
600
500
400
357 10 yrAugAvg
300
200
DETACHED sales
243
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
- 32% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
+ 9% vsAug2023
200
150
78 10 yrAugAvg
100
TOWNHOME sales
73
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 6% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
+ 8% vsAug2023
100 150 200 250 300 350 400
211 10 yrAugAvg
180
CONDO sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50
- 15% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
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