the kelowna rennie advance | February 2024

highlights • Therewere532 new listingslastm onth,which wasa91% increasecom pared with D ecem ber.This wasslightlym orethan thetypicalD ecem ber-to-Januaryincreaseof86% ,though lastm onth’snew listingsw ere1.5% below thepast-decadeJanuary average(of540).N ew listingsw erealso 8% lowerthan oneyearago. • O n am onth-over-m onth basis,new listingsforal hom etypeswerehigher:detached listingswere up by108% (to282),townhom elistingswereup by30% (to95),and condolistingswereup 100% (to 166). • O n ayear-over-yearbasis,detached,townhom e,and condo inventorieswereal lower(by0.4% , 17% ,and 13% ,respectively).

CENTRALOKANAGAN THERENNIEADVANCE new listings

JANUARY2024

800

- vsJan2023

700

600

500

400

282 10 yr Jan Avg

300

200

271

DETACHED new listings

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100

- 4% vs10yrJanAvg

﹍ 10 yrJanuaryAverage

● January

- 17% vsJan2023

300

250

200

104 10 yr Jan Avg

150

100

TOWNHOME new listings

95

50

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0

- 9% vs10yrJanAvg

﹍ 10 yrJanuaryAverage

● January

- 13% vsJan2023

300

250

200

154 10 yr Jan Avg

150

166

100

CONDO new listings

50

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0

+ 8% vs10yrJanAvg

﹍ 10 yrJanuaryAverage

● January

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