highlights • At1,086,new M LS listingsin M arch were20% higherthan in February.Thisincreasewasdriven prim arilybynew condolistings,which wereup 34%.N ew listingsfordetached hom esand townhom esincreased m orem odestlyby13% and 10%,respectively. • N ew listingsw ere3% below theirpast-decadeM arch averagew ith detached hom esdriving that weaknes .D etached hom eswere16% below averagewhilecondosand townhom eswereabove theirlong-run averages,by16% and 15% ,respectively. • N ew listingswere13% higherin M arch than oneyearearlierwith al hom etypesseeing an increase:detached hom esby5%,townhom esby25%,and condosby20%.
GREATERVICTORIA THERENNIEADVANCE new listings
MARCH 2024
1,000
+ 5% vsM ar2023
800
600
643 10 yrM arAvg
540
400
DETACHED new listings
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 16% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
+ 25% vsM ar2023
250
200
150
119 10 yrM arAvg
137
100
TOWNHOME new listings
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 15% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
500
+ 20% vsM ar2023
400
409
300
353 10 yrM arAvg
200
CONDO new listings
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 16% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
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