the rennie advance | November 2023

highlights • Therewere6,905new M LS listingslastm onth— 15% fewerthan in Septem ber.Thisisin line with thetypicalSeptem ber-to-O ctoberdeclineof14%,with lastm onth’snew listingscom ing in at 5% m orethan thepast-decadeO ctoberaverage(of6,574)and 15% higherthan oneyearago. • O n am onth-over-m onth basis,new listingsforal hom etypeswerelower:detached listingswere down by20% (to2,470),townhom elistingsweredown by12% (to1,163and condolistingswere down by11% (to3,043). • O ctober’snew listingswereup on ayear-over-yearbasisforal hom etypes,with detached hom e listings18% higher,townhom elistings12% higher,and condo listings12% higher.

VANCOUVERREGION THERENNIEADVANCE new listings

OCTOBER 2023

7,000

+ 18% vsOct2022

6,000

5,000

4,000

2,660 10 yrOctAvg

3,000

2,000

2,470

DETACHED new listings

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 1,000

- 7% vs10yrOctAvg

﹍ 10 yrO ctoberAverage

● October

+ 12% vsOct2022

2,500

2,000

1,500

1,130 10 yrOctAvg

1,000

1,163

TOWNHOME new listings

500

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0

+ 3% vs10yrOctAvg

﹍ 10 yrO ctoberAverage

● October

5,000

+ 14.5% vsOct2022

4,000

3,000

3,043

2,632 10 yrOctAvg

2,000

CONDO new listings

1,000

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0

+ 16% vs10yrOctAvg

﹍ 10 yrO ctoberAverage

● October

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