highlights • ActiveM LS listingsof3,015 rem ained abovethe3,000-m ark threshold forthethird consecutive m onth and thiswasthem ostinventoryforthem onth ofAugustsince2013(3,185).Thatsaid, inventorywasdown forthesecond consecutivem onth and hasslipped 4% from itspeak of3,136 in June. • Totalinventorywas39% aboveitsprior10-yearAugustaverage(of2,162).Al hom etypeswere up bysim ilarlevels:townhom es(+44% to441),condos(+41% to741),and detached hom es(+39% to1,807). • Al hom esegm entswerebuyers’m arketsin Augustwith 10.4 m onthsofinventory(M O I)acros theregion (up from 8.5lastm onth).Thedetached hom esegm enthad an M OIof11.3(up from 9.7),folowed bytownhom esat9.4(up from 7.7)and condosat8.9(up from 6.7).
CENTRALOKANAGAN THERENNIEADVANCE inventory
AUGUST2024
+ 37% vsAug2023
1,000 1,250 1,500 1,750 2,000
1,807
1,303 10 yrAugAvg
250 500 750
DETACHED inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 39% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
600
+ 37% vsAug2023
500
400
441
300
306 10 yrAugAvg
200
TOWNHOME inventory
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 44% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
800
+ 46% vsAug2023
700
741
600
500
400
524 10 yrAugAvg
300
200
CONDO inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
+ 41% vs10yrAugAvg
﹍ 10yrAugustAverage
● August
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