the Kelowna rennie advance | December 2023

highlights • Therewere600 new listingsin N ovem ber,which wasa15% decreasecom pared with O ctober. Thiswasles erthan thetypicalO ctober-to-N ovem berdeclineof23%,with lastm onth’snew listingssiting25% abovethepast-decadeN ovem beraverage(of480).N ew listingswerealso 27% higherthan oneyearago. • O n am onth-over-m onth basis,new listingsfordetached hom esweredown by30% (to274),while new townhom elistingswereup by3% (to123)and new condolistingsincreased by1.5% (to203). • N ovem ber’snew listingswerehigherthan oneyearearlierforeach hom etype:detached hom esby 13%,townhom esby45%,and condosby40%.

CENTRALOKANAGAN THERENNIEADVANCE new listings

NOVEMBER 2023

800

+ 13% vsN ov2022

700

600

500

400

259 10 yrNovAvg

300

200

274

DETACHED new listings

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

+ 6% vs10yrN ovAvg

● November ﹍ 10 yrN ovem berAverage

+ 45% vsN ov2022

300

250

200

91 10 yrNovAvg

150

100

123

TOWNHOME new listings

50

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

+ 35% vs10yrN ovAvg

● November ﹍ 10 yrN ovem berAverage

+ 40% vsN ov2022

300

250

200

203

129 10 yrNovAvg

150

100

CONDO new listings

50

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

+ 57% vs10yrN ovAvg

● November ﹍ 10 yrN ovem berAverage

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