highlights • Therewere3,619M LS salesin theVancouverRegion in M arch,which wasthehighestm onthly totalsinceJuly2023 and thefirsttim etheregion saw consecutivem onthsabovethe3,000 threshold sincelastsum m er.Lastm onth’stotalwasup 14% from February,however,thattrailed thetypicalseasonalpat ern ofa30% February-to-M arch increase. • Salescountsin M arch werealso9% below thesam em onth lastyearand 32% les than the past-decade M arch average. • Saleswerelower,on ayear-over-yearbasis,fordetached hom esand condos,by14% and 10% respectively,whiletownhom esaleswere4% higher.O n am onth-over-m onth basis,saleswereup foralhom etypes:detached hom esby13%,townhom esby31%,and condosby8%.
VANCOUVERREGION THERENNIEADVANCE sales
MARCH 2024
4,000
- 14% vsM ar2023
3,500
3,000
2,500
2,000
2,144 10 yrM arAvg
1,500
1,000
DETACHED sales
1,102
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 49% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
1,000 1,200 1,400 1,600 1,800
+ 4% vsM ar2023
977 10 yrM arAvg
200 400 600 800
786
TOWNHOME sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 20% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
3,500
- 10% vsM ar2023
3,000
2,500
2,000
2,144 10 yrM arAvg
1,500
1,620
1,000
CONDO sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 24% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
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