highlights • Activelistingsfolowed theirtypicalseasonaltrend,declining 11% m onth-over-m onth to 2,423, which wasin linewith thetypicalO ctober-to-N ovem berdecreaseof10%.Stil,thiswasthem ost inventoryforthem onth ofN ovem bersince2013 (2,549 listings). • Totalinventorywas41% aboveitsprior10-yearN ovem beraverageof1,720.Condoinventory wasup them ost(+53%,to666),folowed bytownhom es(+45%,to384)and detached hom es (+35%,to1,347). • Therewere8.7 m onthsofinventory(M O I)acros theregion in N ovem ber,in linewith 8.6 in O ctober.Thedetached hom esegm entwasin aselersm arketwith an M O Iof10.1,whileboth the townhom eand condosegm entswerein balanced m arketter itorywith M O Isof7.8 and 7.1, respectively.
CENTRALOKANAGAN THERENNIEADVANCE inventory
NOVEMBER 2024
+ 9% vsN ov2023
1,000 1,250 1,500 1,750 2,000
1,347
1,000 10 yrNovAvg
250 500 750
DETACHED inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 35% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
600
+ 13% vsN ov2023
500
400
384
300
265 10 yrNovAvg
200
TOWNHOME inventory
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 45% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
800
+ 15% vsN ov2023
700
600
666
500
400
434 10 yrNovAvg
300
200
CONDO inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
+ 53% vs10yrN ovAvg
● November ﹍ 10 yrN ovem berAverage
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