the rennie advance - October 2019

highlights • The 2,344 sales across the Greater Vancouver board area in September 2019 were 46% above the same month last year—the 3 rd consecutive month that year-over- year sales have risen. • This marked the largest year-over-year increase in sales since March 2015 (partly influenced by the low sales count from September 2018), and the 5th consecutive month of 2,000+ sales. • All product types registered year-over-year sales increases in excess of 40%, as well as month-over-month increases during a period that normally sees sales of each product type fall between August and September.

sales THE RENNIE ADVANCE

SEPTEMBER 2019

2,500

September

2,000

vs 10yr Sep Avg 21%

1,500

10yr Sep Avg 953

1,000

DETACHED sales

755

500

vs Sep 2018 47%

0

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

0 100 200 300 400 500 600 700 800

September

vs 10yr Sep Avg 4%

10yr Sep Avg 371

355

TOWNHOME sales

vs Sep 2018 41%

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2,500

September

2,000

vs 10yr Sep Avg 3%

1,500

10yr Sep Avg 1,129

1,168

1,000

CONDO sales

vs Sep 2018 43%

500

0

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

Copyright © 2019 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 October 2, 2019. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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