highlights • Therewere3,259 M LS salesin theVancouverRegion in N ovem ber,up 29% from N ovem ber 2023 (2,517 sales).Thiswasthesecond consecutivem onth wheresaleswereup year-over-year,a sign ofrelatively strongersalesactivity in thepasttw o m onths.Year-to-datesalesof37,499 w ere down 0.9% from 2023(37,841sales). • Saleswere14% below theirprior10-yearN ovem beraverageof3,797.Stil,thisisacontrastto m uch of2024 wheresaleshavebeen m uch furtherbelow theiraveragem onthlylevels. Year-to-date,salesw ere21% below theirprior10-yearaverage. • D etached hom esaleswerethefurthestbelow average(-27%,to1,058),folowed bytownhom e sales(-14%,to 618).Condo salesweretheclosestto average(-8%,to 1,457).
VANCOUVERREGION THERENNIEADVANCE sales
NOVEMBER 2024
4,000
+ 31% vsN ov2023
3,500
3,000
2,500
2,000
1,451 10 yrNovAvg
1,500
1,000
DETACHED sales
1,058
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 27% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
+ 28% vsN ov2023
1,000 1,200 1,400 1,600
718 10 yrNovAvg
200 400 600 800
618
TOWNHOME sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 14% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
3,500
+ 28% vsN ov2023
3,000
2,500
2,000
1,578 10 yrNovAvg
1,500
1,457
1,000
CONDO sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
- 8% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
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