highlights • Therewere625 M LS salesin G reaterVictoriain June,an 18% contraction from M aythatwasfar greaterthan thetypicalM ay-to-Junedeclineof4%.Condosalesweredown them ostfrom M ay (-24% to189sales)folowed bytownhom es(-20% to75)and detached hom es(-15% to325). • Saleswere24% below theprior10-yearJuneaverage(821 sales).ExcludingJune2022 when resale activityfel to 611 sales,thiswastheslowestJunesince2011 (599).D etached hom esaleswerethe furthestbelow averageat26%,folowed bycondosat23% and townhom esat16%. • Year-to-datetherehavebeen 3,414 salesin G reaterV ictoria,up just0.1% versusthefirsthalfof 2023 (3,411 sales)but19% below theprior10-yearaverage(4,233).Thisisasm alerdrop than Vancouver(22%)and Kelowna(31%).
GREATERVICTORIA THERENNIEADVANCE sales
JUNE 2024
800
+ 5% vsJun 2023
700
600
500
400
440 10 yrJun Avg
300
325
200
DETACHED sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
- 26% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
- 15% vsJun 2023
200
150
89 10 yrJun Avg
100
TOWNHOME sales
75
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 16% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
- 23% vsJun 2023
100 150 200 250 300 350 400
244 10 yrJun Avg
189
CONDO sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50
- 23% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
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