highlights • Therewere277 M LS salesin theCentralO kanagan in N ovem ber,a12% decrease m onth-over-m onth thatwasles than thetypical16% O ctober-to-N ovem berdecline.D etached salesweredown m onth-over-m onth (-22%,to133),asweretownhom esales(-11%,to49),while condosaleswereup m arginaly(+3%,to94). • Saleswereup 24% relativeto N ovem ber2023,thesecond consecutivem onth ofyear-over-year increase.TheCentralO kanagan hasnotseen two consecutivem onthlyincreasessinceJuly2023. Condosaleswereup 52%,folowed bytownhom es(+32%)and detached hom es(+11%). • Saleswerestil 19% below theprior10-yearN ovem beraverageof340,though thiswastheclosest thatsaleshavebeen to theirm onthlyaveragesinceJune2023 (-7% ).Year-to-date,salesof3,338 were30% below theprior10-yearaverageof4,778.
CENTRALOKANAGAN THERENNIEADVANCE sales
NOVEMBER 2024
500
+ 11% vsN ov2023
400
300
185 10 yrNovAvg
200
DETACHED sales
100
133
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 28% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
+ 32% vsN ov2023
200
150
54 10 yrNovAvg
100
TOWNHOME sales
50
49
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 10% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
+ 52% vsN ov2023
300
250
200
99 10 yrNovAvg
150
100
CONDO sales
94
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 5% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
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