highlights • G reaterV ictoriatalied 307 M LS salesin January,a5% increasefrom D ecem ber,and thefirst m onthly increasein salescountsin them etro areasinceM ay.Thisw asstil thesecond-low est Januarysalescountin thepastten years(after2023),and was25% below thepast-decadeJanuary average. • Theincreasein saleslastm onth,from D ecem ber’s292,wasm ostlyin linewith thetypical D ecem ber-to-Januaryincreaseof6%.D etached hom esalesand condosaleswereup,by10% and 5%,respectively,whiletownhom esalesweredown 6%. • January’ssalescountswerehighercom pared toJanuary2023’scountsforal hom etypes: detached hom esby27%,townhom esby4%,and condosby6%.
GREATERVICTORIA THERENNIEADVANCE sales
JANUARY2024
800
+ 27% vsJan2023
700
600
500
400
204 10 yr Jan Avg
300
200
DETACHED sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 149
- 27% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
+ 4% vsJan2023
200
150
65 10 yr Jan Avg
100
TOWNHOME sales
50
49
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 25% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
+ 6% vsJan2023
100 150 200 250 300 350 400
140 10 yr Jan Avg
CONDO sales
109
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50
- 22% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
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