the Kelowna rennie advance | December 2023

highlights • Therewere202 M LS salesin theCentralO kanagan in N ovem ber,which wasdown 14% from O ctober’s234 salesbutin linewith theusualseasonalcontraction of16% between O ctoberand N ovem ber.N otably,therewerefewersalesin N ovem berthan in anym onth sinceJanuary,with lastm onth’stalysiting43% below thelong-run N ovem beraverage. • Com pared toO ctober,therewerefewersalesofboth townhom esand condosin N ovem ber,down by30% and 27% respectively,whiledetached hom esalesincreased by4% . • N ovem ber’scountoftownhom esaleswashigherthan in N ovem ber2022by6%,whilethatof detached hom esand condoswaslowerby12% and 26%,respectively.

CENTRALOKANAGAN THERENNIEADVANCE sales

NOVEMBER 2023

500

- 12% vsN ov2022

400

300

190 10 yrNovAvg

200

DETACHED sales

100

110

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

- 42% vs10yrN ovAvg

● November ﹍ 10 yrN ovem berAverage

+ 6% vsN ov2022

200

150

66 10 yrNovAvg

100

TOWNHOME sales

50

38

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

- 43% vs10yrN ovAvg

● November ﹍ 10 yrN ovem berAverage

- 26% vsN ov2022

300

250

200

98 10 yrNovAvg

150

100

CONDO sales

50

54

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

- 45% vs10yrN ovAvg

● November ﹍ 10 yrN ovem berAverage

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