highlights • ActiveM LS listingscontinued tobuild in June,up 4% m onth-over-m onth to2,792 (from 2,678 in M ay).Thiswasthem ostactivelistingsin anym onth sinceAugust2015 (2,792 listings)and the m ostforthem onth ofJunesince2015(3,158). • Inventorywas31% abovetheprior10-yearJuneaverage(2,133 listings).Condoinventorywas furthestaboveaverageat54% (to 853 listings),townhom eswere34% higher(to 262),and detached hom eswere22% higher(to1,493). • Them arketrem ained favourabletoselersin Junewith 4.5 m onthsofinventory(M O I),up from 3.5 in M ay.Al segm entsofthem arketcontinued tofavourselers,with adetached M O Iof4.6,a condoM OIof4.5,andatownhom eM OIof3.5.
GREATERVICTORIA THERENNIEADVANCE inventory
JUNE 2024
2,500
+ 47% vsJun 2023
2,000
1,500
1,493
1,227 10 yrJun Avg
1,000
DETACHED inventory
500
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 22% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
600
+ 61% vsJun 2023
500
400
300
196 10 yrJun Avg
262
200
TOWNHOME inventory
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 34% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
1,000
+ 73% vsJun 2023
800
853
600
555 10 yrJun Avg
400
CONDO inventory
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 54% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
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