highlights • TheVancouverRegion talied 2,529M LS salesin N ovem ber,which wasdown 13% from O ctober’s2,908 salesand wasthelowestm onthlytotalsinceJanuary.Thism onth-to-m onth declinewasgreaterthan thetypicalO ctober-to-N ovem beratrition (of10% ),with N ovem ber’s salessiting35% below thelong-run averageforthem onth. • Com pared toO ctober,N ovem ber’sdetached hom esalesweredown by12% (to840),townhom e salesweredown by7% (to481),and condosalesweredown by16% (to1,145). • In spiteofthedrop-of lastm onth,N ovem ber’ssalesforal hom etypeswerestil higher com pared tolastyear’shistoricalylow count:by5% fordetached hom es,by16% fortownhom es, and by2% forcondos.
VANCOUVERREGION THERENNIEADVANCE sales
NOVEMBER 2023
4,000
+ 5% vsN ov2022
3,500
3,000
2,500
2,000
1,529 10 yrNovAvg
1,500
1,000
DETACHED sales
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500 840
- 45% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
+ 16% vsN ov2022
1,000 1,200 1,400 1,600
727 10 yrNovAvg
200 400 600 800
TOWNHOME sales
481
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 34% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
3,500
+ 2% vsN ov2022
3,000
2,500
2,000
1,576 10 yrNovAvg
1,500
1,000
CONDO sales
1,145
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500
- 27% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
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