highlights • ActiveM LS listingsrem ained abovethe3,000-m ark threshold forthesecond consecutivem onth despiteasm al 1.8% m onth-over-m onth declineto3,086.Thiswasthem ostactivelistingsforthe m onth ofJulysince2013(3,270). • Totalinventorywas39% aboveitsprior10-yearJulyaverage(of2,220),led bytownhom es(+44% to450),and folowed bydetached hom es(+39% to1,836)and condos(+37% to759). • Al hom esegm entswerebuyers’m arketsin Julywith 8.7 m onthsofinventory(M O I)acros the region (from 8.8 lastm onth).Thedetached hom esegm enthad an M O Iof10.0 (up from 9.2), folowed bytownhom esat7.8(up from 7.6)and condosat6.8(down from 7.2).
CENTRALOKANAGAN THERENNIEADVANCE inventory
JULY 2024
+ 36% vsJul2023
1,000 1,250 1,500 1,750 2,000
1,836
1,324 10 yr JulAvg
250 500 750
DETACHED inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 39% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
600
+ 37% vsJul2023
500
400
450
300
312 10 yr JulAvg
200
TOWNHOME inventory
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 44% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
800
+ 42% vsJul2023
700
759
600
500
400
554 10 yr JulAvg
300
200
CONDO inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
+ 37% vs10yrJulAvg
﹍ 10 yrJulyAverage
● July
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