highlights • M LS salesin G reaterV ictoriatotaled 510 in M arch,29% below thepast-decadeaverageforthe m onth and m arked thefewestsalesin aM arch since2013.D etached hom esaleswerethefurthest below thelong-run averageat32%,versus28% forcondosand 16% fortownhom es. • Salesactivityrosefrom February,up 16% m onth-over-m onth,butthiswashalfthepaceofthe typicalexpansion betw een February and M arch (32% ).D etached hom esalesrealized thelargest increasem onth-over-m onth (25%),with sm alerincreasesforcondos(10%)and townhom es(3%). • O n ayear-over-yearbasis,salescountswere9% lower,driven bycondos(15% lower)and detached hom es(8% lower).Townhom esalesweretheonlyhom etypetowitnes an increase,up 3% relative toM arch 2023.
GREATERVICTORIA THERENNIEADVANCE sales
MARCH 2024
800
- 8% vsM ar2023
700
600
500
400
393 10 yrM arAvg
300
200
DETACHED sales
266
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
- 32% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
+ 3% vsM ar2023
200
150
88 10 yrM arAvg
100
TOWNHOME sales
74
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 16% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
- 15% vsM ar2023
100 150 200 250 300 350 400
236 10 yrM arAvg
170
CONDO sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50
- 28% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
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