highlights • N ew listingscontinued torisein M ay,with 1,670 hom escom ingtom arket— an increaseof13% m onth-over-m onth (from 1,476 in April)thatoutpaced thetypical9% April-to-M ayincrease.This m arked them ostnew listingsin anym onth sinceApril2010 (1,681 new listings)and them ost new listingsforthem onth ofM aysince2008(1,745). • N ew listingsin M aywere24% higherthan theprior10-yearM ayaverage(1,351 new listings). N otably,new condolistingswerethefurthestaboveaverageat46% (to548),folowed by townhom esat19% (to166),and detached hom esat14% (to862). • N ew listingswereup year-over-yearforal hom etypes:condoswereup 52%,detached hom es 28%,and townhom es13%.
GREATERVICTORIA THERENNIEADVANCE new listings
MAY 2024
1,000
+ 28% vsM ay2023
800
862
600
755 10 yrM ayAvg
400
DETACHED new listings
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 14% vs10yrM ayAvg
﹍ 10 yrM ayAverage
● May
+ 13% vsM ay2023
250
200
150
166
140 10 yrM ayAvg
100
TOWNHOME new listings
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 19% vs10yrM ayAvg
﹍ 10 yrM ayAverage
● May
600
+ 52% vsM ay2023
500
548
400
300
376 10 yrM ayAvg
200
CONDO new listings
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 46% vs10yrM ayAvg
﹍ 10 yrM ayAverage
● May
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