highlights • In contrastto sales,new listingsactivity started theyearvery strongly w ith 8,586 new hom es com ingtom arketin theVancouverRegion.Thiswasthem ostnew listingsin them onth of Januarygoingbacktoatleast2005.Theyear2012wastheonlyothertim ein thepasttwo decadeswheretherewerem orethan 8,000 new listingsin January. • N ew listingswere38% abovetheprior10-yearJanuaryaverage(of6,218),led bycondos(+55%,to 3,953)and folowed bytownhom es(+41%,to1,445)and detached hom es(+8%,to2,760). • N ew listingswereup 43% relativetoJanuary2024.Condoswereup them ost(+47%),folowed by townhom es(+44%)and detached hom es(+37%).
VANCOUVERREGION THERENNIEADVANCE new listings
JANUARY2025
7,000
+ 37% vsJan 2024
6,000
5,000
4,000
2,546 10 yr Jan Avg
3,000
2,760
2,000
DETACHED new listings
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1,000
+ 8% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
+ 44% vsJan 2024
2,500
2,000
1,500
1,025 10 yr Jan Avg
1,445
1,000
TOWNHOME new listings
500
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 41% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
5,000
+ 47% vsJan 2024
4,000
3,953
3,000
2,557 10 yr Jan Avg
2,000
CONDO new listings
1,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 55% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
Copyright© February3,2025renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofFebruary3,2025.Aldatafrom RealEstateBoardofGreater VancouverandFraserValey& Ren ie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ation shouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom aren ieandas ociates advisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
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