highlights • G reaterVictoriatalied only287 M LS salesin D ecem ber2023,the7th consecutivem onth of decliningsalescountsin theregion.Thiswastied forthelowestD ecem bersalescountin thepast ten years(along with 2022),and was26% below thepast-decadeD ecem beraverage. • The24% drop in saleslastm onth wasslightlyles than thetypicalN ovem ber-to-D ecem ber declineof27%.D etached hom esalesfelby28%,townhom esalesweredown 24%,and condo salesfel by18%. • Forthefulyear2023,therewere5,885M LS salesin GreaterVictoria— 9% fewerthan in 2022, 23% below thepast-decadeaverageof7,636,and thelowestannualtotalsince2013.
GREATERVICTORIA THERENNIEADVANCE sales
DECEMBER 2023
800
- 4% vsD ec2022
700
600
500
400
205 10 yrDecAvg
300
200
DETACHED sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100 134
- 35% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
- 6% vsD ec2022
200
150
57 10 yrDecAvg
100
TOWNHOME sales
50
51
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 10% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
+ 9% vsD ec2022
100 150 200 250 300 350 400
124 10 yrDecAvg
CONDO sales
102
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50
- 18% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
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