highlights • TheCentralO kanagan talied only161 M LS salesin January,am arginaldecreasefrom D ecem ber’s162,and the8th consecutivem onth ofdecliningtransaction countsin theregion. Thiswasthesecond-lowestJanuarysalescountin thepastten years(after2023),and was35% below thepast-decadeJanuary average. • The0.6% drop in saleslastm onth wasles than thetypicalD ecem ber-to-Januarydeclineof9%. D etached hom esalesfel by9%,townhom esalesweredown 3%;condosales,on theotherhand, roseby19%. • January’scountofdetached hom esaleswashigherthan in January2023by6% and condosby2%, whilethatoftownhom eswaslowerby21%.
CENTRALOKANAGAN THERENNIEADVANCE sales
JANUARY2024
500
+ 19% vsJan2023
400
300
123 10 yr Jan Avg
200
DETACHED sales
100
80
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 35% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
- 21% vsJan2023
200
150
52 10 yr Jan Avg
100
TOWNHOME sales
50
30
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 42% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
+ 2% vsJan2023
300
250
200
71 10 yr Jan Avg
150
100
CONDO sales
50
51
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 28% vs10yrJanAvg
﹍ 10 yrJanuaryAverage
● January
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