highlights • ActiveM LS listingsdeclined forthethird consecutivem onth and,at2,987,havefalen 5% from theirpeak in June(of3,134 listings).PriortoJune,inventoryhasnotbeen thishigh sinceAugust 2013 (3,185 listings). • Totalinventorywas43% aboveitsprior10-yearSeptem beraverage(of2,092).Townhom e inventorywasup them ost(+48%,to449),folowed bydetached hom es(+46%,to1,829)and condos(+36%,to689). • Al hom esegm entswerebuyers’m arketsin Septem berwith 12.4 m onthsofinventory(M O I) acros theregion (up from 9.9 lastm onth).Thedetached hom esegm enthad an M O Iof15.0 (up from 10.9),folowed bytownhom esat11.2(up from 8.3)and condosat9.1(up from 8.7).
CENTRALOKANAGAN THERENNIEADVANCE inventory
SEPTEMBER 2024
+ 30% vsSep 2023
1,000 1,250 1,500 1,750 2,000
1,829
1,255 10 yrSep Avg
250 500 750
DETACHED inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 46% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
600
+ 27% vsSep 2023
500
400
449
300
303 10 yrSep Avg
200
TOWNHOME inventory
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 48% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
800
+ 26% vsSep 2023
700
689
600
500
400
507 10 yrSep Avg
300
200
CONDO inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
+ 36% vs10yrSep Avg
● Septem ber ﹍ 10 yrSeptem berAverage
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