highlights • TheVancouverRegion talied 2,910M LS salesin Septem ber,which wasdown 0.2% from Septem ber’s2,916 salesand was(onceagain)thelowestm onthlytotalsinceFebruary.This m onth-to-m onth changein salesalso ran contrary to thetypicalA ugust-to-Septem berincrease(of 8%),with theO ctober’ssalessiting33% below thelong-run averageforthem onth. • Interestingly,saleswerehigherin O ctoberversusSeptem berfordetached hom es(by2% )and condos(by3%),whilethetownhom esegm entofthem arketsputered,with salesdown 11%. • In spiteofthedrop-of in saleslastm onth,O ctober’ssalesforal hom etypeswerestil higher com pared tolastyear’shistoricalylow count:by5% fordetached hom es,by0.4% fortownhom es, and by7% forcondos.
VANCOUVERREGION THERENNIEADVANCE sales
OCTOBER 2023
4,000
+ 5% vsOct2022
3,500
3,000
2,500
2,000
1,712 10 yrOctAvg
1,500
1,000
DETACHED sales
952
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500
- 44% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
- vsOct2022
1,000 1,200 1,400 1,600
833 10 yrOctAvg
200 400 600 800
TOWNHOME sales
518
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 38% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
3,500
+ 7% vsOct2022
3,000
2,500
2,000
1,710 10 yrOctAvg
1,500
1,366
1,000
CONDO sales
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500
- 20% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
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