highlights • Therewere4,022 M LS salesin theVancouverRegion in M arch,a50% increase(1,349 additional sales)com pared to February,and greaterthan thetypical28% m onth-over-m onth increase. D espitethis,thetotalsalescountwas25% below thepast10-yearaverageof5,335 and 41% below thesalescountofM arch 2022(of6,833). • O n am onth-over-m onth basis,salesofdetached hom esincreased by58% (to1,326)in M arch, from February’s838.Condosalesfolowed closelybehind,increasingby49% (to1,811),while townhom esalesincreased by39% (to760). • Com pared toM arch oflastyear,detached hom esalesweredown them ostam onghom etypes(by 43%),folowed bycondosales(which weredown 42%),and townhom esales(down 40%).
THERENNIEADVANCE sales
MARCH 2023
4,000
- 43% vsM ar2022
3,500
3,000
2,500
2,000
2,181 10 yrM arAvg
1,326
1,500
1,000
DETACHED sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500
- 39% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
1,000 1,200 1,400 1,600 1,800
- 40% vsM ar2022
760
965 10 yrM arAvg
200 400 600 800
TOWNHOME sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0
- 21% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
3,500
- 42% vsM ar2022
3,000
2,500
1,811
2,000
2,081 10 yrM arAvg
1,500
1,000
CONDO sales
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 500
- 13% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
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