Vancouver Island Real Estate Board

Residential Activity

Residential sales activity in the Vancouver Island area slowed in the first quarter of 2024 compared to the first quarter of 2023.

Residential property sales numbered 1,435 units in the first quarter of 2024, down 13 sales compared to the same quarter in 2023.

Sales slowed 7.9% for single detached homes, were up 10.4% for townhouse and row units, and were up 15.7% for apartment units compared to a year earlier in the first quarter.

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