highlights • M LS salesdeclined in July,to 2,850,w hich w asthefourth-consecutivem onthly decrease.Sales were23% lowerthan Juneand exceeded thetypicalseasonaldecline(of8% ).D ailysaleslastm onth averaged 140,40% below July’s2021 dailyaveragesales.Lastm onth’ssaleswerealso thelowest ofanym onth sinceM ay2020,and were38% below thedecade-averageforJuly. • Salesdeclined acros al hom etypesvsJune,with townhom esalesfalingthem ostat39% (to480), folowed bydetached hom eand condosalesdecliningby20% (to877)and 18% (to1,421), respectively.Liketotalsales,lastm onth’ssalesacros al hom etypesw erethelow estofany m onth sinceM ay2020. • O n ayear-over-yearbasis,salesacros al hom etypeswere(expectedly)down acros al hom e types.D etached salesexperienced thelargestdeclineof54% ,closely folow ed by tow nhom esales at52%,and condosalesfelby36%.
THERENNIEADVANCE sales
JULY 202
4,000
- 54% vsJul2021
3,500
3,000
2,500
2,000
1,926 10 yr JulAvg
1,500
1,000
DETACHED sales
877
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500
- 54% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
- 52% vsJul2021
1,000 1,200 1,400 1,600
859 10 yr JulAvg
200 400 600 800
TOWNHOME sales
480
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 44% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
3,500
- 36% vsJul2021
3,000
2,500
2,000
1,721 10 yr JulAvg
1,500
1,421
1,000
CONDO sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500
- 17% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
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