highlights • ActiveM LS listingsfel 8% m onth-over-m onth to 20,021,in-linewith thetypical8% O ctober-to-N ovem berdecline.Totalinventorywasup 28% from lastN ovem berand m arked the m ostin anyN ovem bersince2013 (20,897 listings). • Totalinventorywas34% aboveitsprior10-yearaverageof14,987.Condoinventory(7,965 listings)wasthefurthestaboveaverageat47%,folowed bytownhom es(+34%,to2,778)and detached hom es(+20%,to8,442). • Therewere6.1 m onthsofinventory(M O I)in N ovem ber,up from 5.6 in O ctober.Both the detached hom eand condo segm entswerebalanced with M O Isof8.0 and 5.5,respectively,while thetowhom esegm entfavoured selerswith an M O Iof4.5.
VANCOUVERREGION THERENNIEADVANCE inventory
NOVEMBER 2024
14,000
+ 23% vsN ov2023
12,000
10,000
8,000
8,442
7,018 10 yrNovAvg
6,000
4,000
DETACHED inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2,000
+ 20% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
+ 39% vsN ov2023
2,778
2,080 10 yrNovAvg
TOWNHOME inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500
+ 34% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
12,000
+ 32% vsN ov2023
10,000
8,000
7,965
6,000
5,424 10 yrNovAvg
4,000
CONDO inventory
2,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 47% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
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