highlights • Therewere561 new M LS listingsin N ovem ber,adeclineof27% m onth-over-m onth thatwas greaterthan thetypical22% O ctober-to-N ovem berdecrease.Stil,new listingsrem ained elevated in ahistoricalcontextat15% abovetheprior10-yearN ovem beraverageof489. • N ew condo listingswerethefurthestaboveaverage(+32%,to 184),which wasin linewith townhom es(+32%,to 110).In contrast,new detached hom elistingswereslightlybelow average (-1.6%,to258). • Relativeto lastN ovem ber,new listingsweredown 8% with al hom etypesseeing adecrease: condos(-11%),detached hom es(-9%),and townhom es(-2%).
CENTRALOKANAGAN THERENNIEADVANCE new listings
NOVEMBER 2024
800
- 9% vsN ov2023
700
600
500
400
262 10 yrNovAvg
300
200
DETACHED new listings
258
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
- 1.6% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
- 2% vsN ov2023
300
250
200
83 10 yrNovAvg
150
100
110
TOWNHOME new listings
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 32% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
- 11% vsN ov2023
300
250
200
184
139 10 yrNovAvg
150
100
CONDO new listings
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 32% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
Copyright© 2024ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofDecem ber4,2024.Aldatafrom As ociationofInteriorREALTORS® & Ren ie.W hiletheinform ationand datacontained hereinhasbe nobtained from sourcesde m ed reliable,ac uracycan otbeguarante d.renniegroup ofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipient m ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom aren ieandas ociatesadvisor.Alinform ationissubjectto changeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E. 4 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online