highlights • November 2020 marked the 3 rd consecutive month that the Vancouver Region’s total MLS sales count exceeded 5,000—the first time that has happened since 2017. • The 5,128 sales in November were 34% higher than one year ago, with detached sales up 51%, townhomes up 42%, and condos up 13%. Compared to the past-decade November average, sales were 43% higher overall (up 43% for detached homes, 66% for townhomes, and 31% for condos). • After tallying a record-setting sales count in October, total sales were 13% lower in November, a steeper drop than the typical October-to-November decline of 8%.
THE RENNIE ADVANCE
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Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of December 2, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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