highlights • HousinginventoryremainedhistoricalylowinFebruary:the9,805listingsrepresentedthe 7th-lowestmonthlycountofinventoryinthepast10yearsintheVancouverRegion.Comparedto oneyearago,listingsweredown17%,withcondosandtownhomesdownby33%and15%, respectively.(Incontrast,detachedinventoryroseby1.3%.) • Overal,listingsactualyroseforasecondstraightmonthinFebruary(by33%vsJanuary). Townhomesupplyexpandedthemost,at59%,folowedbydetachedhomes(38%)andcondos (23%). • Selers’marketscontinuetoprevailforalhometypes,withsales-to-listingsratiossitingat38%, 73%,and65%fordetachedhomes,townhomes,andcondos,respectively.
THERENNIEADVANCE total listings
FEBRUARY 202
14,000
+1.3% vsFeb2021
12,000
10,000
8,000
7,432 10 yrFebAvg
4,609
6,000
4,000
DETACHED listings
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 2,000
-38% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
-15% vsFeb2021
2,240 10 yrFebAvg
1,270
TOWNHOME listings
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500
-43% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
12,000
-33% vsFeb2021
10,000
8,000
6,000
5,629 10 yrFebAvg
3,642
4,000
CONDO listings
2,000
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0
-35% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
Copyright©March1,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMarch1,202.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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