highlights • Asexpected,MLSsalesintheVancouverRegiondeclinedinAprilfromMarch’selevatedlevel, thoughthedrop(of30%,to4,826sales)wasmarkedlyhigherthanthetypicalseasonaldeclineof 4%.Lastmonth’ssaleswerealsodownby38%from2021’srecordAprilsales(of7,793);they were,however,only1.1%lowerthanthepast10-yearAprilaverageof4,877. • Salesdecreasedonamonth-to-monthbasisacrosalhometypesinApril,withdetachedhome salesfalingthemost,at32%,folowedbytownhomeandcondosales,whichweredown29%and 28%,respectively.Notsurprisingly,salesofeachhometypeweredowncomparedtothistimelast year,ledbydetachedhomes(down48%)andfolowedbytownhomes(down44%)andcondos (down25%). • Thebiggestdriveroftherelativelysignificantyear-over-yeardeclinesinsalesintoApril2022is therecordleveloftransactionsrealizedinApril2021.
THERENNIEADVANCE sales
APRIL 202
4,000
-48% vsApr2021
3,500
3,000
2,500
2,000
2,135 10 yrAprAvg
1,500
1,578
1,000
DETACHED sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500
-26% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
-44% vsApr2021
1,000 1,200 1,400 1,600
897 10 yrAprAvg
200 400 600 800
903
TOWNHOME sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0
+0.6% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
3,500
-25% vsApr2021
3,000
2,500
2,000
2,249
1,749 10 yrAprAvg
1,500
1,000
CONDO sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500
+29% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
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