highlights • Therewere1,009new M LS listingsin April,an 8% decreasefrom M arch (1,095).Thiswasa notabledivergencefrom otherprim arym arketsin BC wherenew listingssaw double-digit percentageincreasesin A pril.Thatdecline,how ever,m oreclosely resem bled theseasonaltrend fortheCentralO kanagan which hasatypicalM arch-to-Aprildecreaseof4%.Thesharp risein new listingselsewherewaswel aboveaverageforthistim eofyear. • Alhom etypessaw adeclinein new listingsm onth-over-m onth,led bycondos(down 13% to256) and folowed bytownhom es(down 6% to157)and detached hom es(down 6% to596). • Likesales,viewing m onth-over-m onth trendsin isolation hidesam oresubstantialand opposite long-term trend.In thiscase,totalnew listingsfortheregion w erequiteelevated in A pril,up 33% year-over-yearand 17% higherthan theprior10-yearAprilaverage.
CENTRALOKANAGAN THERENNIEADVANCE new listings
APRIL2024
800
+ 40% vsApr2023
700
600
596
500
400
517 10 yrAprAvg
300
200
DETACHED new listings
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
+ 15% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
+ 18% vsApr2023
300
250
200
138 10 yrAprAvg
150
157
100
TOWNHOME new listings
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 14% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
+ 30% vsApr2023
300
250
256
200
206 10 yrAprAvg
150
100
CONDO new listings
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 24% vs10yrAprAvg
﹍ 10 yrAprilAverage
● April
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