highlights • Therewere240 M LS salesin theCentralO kanagan in Septem ber,a21% decline m onth-over-m onth thatwasfargreaterthan thetypical7% August-to-Septem berdecline.This wasthefewestsalessinceFebruary(219)and thefewestforthem onth ofSeptem bersince2012 (227). • Saleswere44% below theprior10-yearSeptem beraverage(of431)with detached salesthe furthestbelow average(-49%,to122),folowed bytownhom es(-41%,to40)and condos(-36%,to 76). • Salesactivityin theCentralO kanagan continued tobethem ostsubdued am ongBC’sm ajor m arkets.Septem bersalesin theVancouverRegion and G reaterVictoriawere29% and 14% below theirprior10-yearaverages,respectively.
CENTRALOKANAGAN THERENNIEADVANCE sales
SEPTEMBER 2024
500
- 6% vsSep 2023
400
300
241 10 yrSep Avg
200
DETACHED sales
100
122
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 49% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
+ 14% vsSep 2023
200
150
68 10 yrSep Avg
100
TOWNHOME sales
50
40
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 41% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
- vsSep 2023
300
250
200
119 10 yrSep Avg
150
100
CONDO sales
50
76
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 36% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
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