highlights • Therewere290 M LS salesin theCentralO kanagan in August,a20% declinem onth-over-m onth thatwasnearlythreetim esgreaterthan thetypicalJuly-to-Augustdeclineof7% .Thiswasthe fewestsalessinceFebruary(219)and thefewestforthem onth ofAugustsince2011(261). • Saleswere38% below theprior10-yearAugustaverage(of464)with al hom etypesseeing activitydown bysim ilarlevels:condos(-38% to 83),townhom es(-38% to 47),and detached hom es(-36% to160). • Salesactivityin theCentralO kanagan continued tobethem ostsubdued am ongBC’sm ajor m arkets.Augustsalesin theVancouverRegion and G reaterVictoriawere28% and 25% below theirprior10-yearaverages,respectively.
CENTRALOKANAGAN THERENNIEADVANCE sales
AUGUST2024
500
- 4% vsAug2023
400
300
252 10 yrAugAvg
200
DETACHED sales
160
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 36% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
- 18% vsAug2023
200
150
75 10 yrAugAvg
100
TOWNHOME sales
50
47
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 38% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
- 12% vsAug2023
300
250
200
135 10 yrAugAvg
150
100
CONDO sales
83
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 38% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
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