highlights • Therewere404 M LS salesin G reaterVictoriain January,up 19% from January2024.This m arked theseventh consecutivem onth wheresaleswerehigherthan thesam em onth in the previousyear. • Al hom etypessaw salesup year-over-year,led bytownhom es(+60%,to56)and folowed by condos(+21%,to141)and detached hom es(+12%,to181). • Saleswere4% below theprior10-yearJanuaryaverageof420.Thiswasthefourth consecutive m onth with salesatorneartheirlong-run m onthlyaverage.D etached hom essalesweighed on activityat10% below average,whilecondo saleswere0.2% below averageand townhom esales were10% above.
GREATERVICTORIA THERENNIEADVANCE sales
JANUARY2025
800
+ 12% vsJan 2024
700
600
500
400
200 10 yr Jan Avg
300
200
DETACHED sales
181
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
- 10% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
+ 60% vsJan 2024
200
150
51 10 yr Jan Avg
100
TOWNHOME sales
50
56
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 10% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
+ 21% vsJan 2024
100 150 200 250 300 350 400
141 10 yr Jan Avg
141
CONDO sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50
- 0.2% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
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