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Re-Sale Data
INSIGHTS AND COMMENTS
• A total of 5,598 re-sales were recorded in Q1-2024 in
Greater Vancouver – 2,965 apartment, 1,508 single
family, and 1,125 townhome re-sales.
• Year-over-year, single family, townhome, and apartment
re-sales increased by 5.1 percent, 20.8 percent, and
8.1 percent, respectively.
• When compared to Q1-2023, the sales-to-listings ratios
for single-family homes, townhomes, and apartments
experienced decreases of 4.5 percent, 1.9 percent,
and 5.4 percent respectively.
• The three-month average benchmark prices by product
type in Greater Vancouver in Q4-2023 were as follows:
Apartment - $766,700, Townhome - $1,091,400, and
Single Family - $1,974,233.
• The benchmark price for single-family homes, townhomes,
and apartments in re-sales increased by 6.0 percent, 3.3
percent, and 4.0 percent, respectively, compared to the
same quarter last year.
• Single family, townhome, and apartment re-sale prices
have increased by 37.4 percent, 39.3 percent, and 16.7
percent, respectively, when compared to the same
quarter five years ago.