highlights • ActiveM LS listingsdecreased 7% m onth-over-m onth to 2,520,in linewith thetypical8% Septem ber-to-O ctoberdecline. • Inventorywas36% aboveitsprior10-yearO ctoberaverage(of1,849),led bycondos(+68%,to 850),and folowed bytownhom es(+40%,to251)and detached hom es(+23%,to1,257). • Them arketfavoured selersin O ctoberwith 4.0 m onthsofinventory(M O I),down from 4.9 in Septem ber.Thetownhom esegm entwasthetightestwith an M O Iof3.1,folowed bydetached hom esat4.1and condosat4.4.
GREATERVICTORIA THERENNIEADVANCE inventory
OCTOBER 2024
2,500
+ 6% vsOct2023
2,000
1,500
1,025 10 yrOctAvg
1,257
1,000
DETACHED inventory
500
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 23% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
600
+ 20% vsOct2023
500
400
300
179 10 yrOctAvg
200
251
TOWNHOME inventory
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 40% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
1,000
+ 29% vsOct2023
800
850
600
505 10 yrOctAvg
400
CONDO inventory
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 68% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
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