highlights • G reaterVictoriarecorded 349 M LS salesin N ovem ber,which wasdown 8% from O ctober’s379 salesand was(again)thelowestm onthlytotalsinceJanuary.W hilethism onth-to-m onth decline in salesw assm alerthan thetypicalO ctober-to-N ovem berdrop (of16% ),transactionsw erestil 3% below thoseofoneyearagoand 34% lowerthan thelong-run N ovem beraverage. • Com pared toO ctober,N ovem ber’sdetached hom esalesweredown by7% (to170)and condo salesweredown by16% (to117),whiletownhom esaleswereup by11% (to62). • N ovem ber’ssalescountswerealso lowercom pared to lastyear’scountsfordetached hom esand condos,by6% and 9% respectively,whereastownhom eswerehigher,by24%.
GREATERVICTORIA THERENNIEADVANCE sales
NOVEMBER 2023
800
- 6% vsN ov2022
700
600
500
400
275 10 yrNovAvg
300
200
DETACHED sales
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100 170
- 38% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
+ 24% vsN ov2022
200
150
80 10 yrNovAvg
100
TOWNHOME sales
50
62
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 23% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
- 9% vsN ov2022
100 150 200 250 300 350 400
172 10 yrNovAvg
CONDO sales
117
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50
- 32% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
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