highlights • TheCentralO kanagan recorded 358 M LS salesin April,28% below theprior10-yearaveragefor them onth (499).IgnoringApril2020and theonsetoftheCovid-19pandem ic,thiswasthe slowestAprilsince2013 (338 M LS sales). • Totalsalesdid clim b 19% m onth-over-m onth (M oM ),which wasgreaterthan thetypical M arch-to-Aprilincreaseof5%.D etached salesrosethem ost(up 27% M oM to190)folowed by condos(up 20% M oM to102),whiletownhom esalesrosem arginaly(by2% M oM to66). • Thatsaid,thebum p in saleswasnotenough to aleviateoveral softnes in activityacros the region.Totalsalesweredown 17% year-over-yearwith condosleadingthewayata30% annual decline,folowed bydetached hom es(-13%)and townhom es(flat).
CENTRALOKANAGAN THERENNIEADVANCE sales
APRIL2024
500
- 13% vsApr2023
400
300
281 10 yrAprAvg
200
190
DETACHED sales
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 32% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
- vsApr2023
200
150
81 10 yrAprAvg
100
TOWNHOME sales
50
66
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 19% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
- 30% vsApr2023
300
250
200
136 10 yrAprAvg
150
100
CONDO sales
102
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 25% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
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