highlights • Therewere223 M LS salesin theCentralO kanagan in D ecem ber,a21% decrease m onth-over-m onth thatwasles than thetypical24% N ovem ber-to-D ecem berdecline.Last m onth’ssalescountwas14% below thepast-decadeD ecem beraverage,which wastheclosestto itsm onthlyaveragetheregion’ssaleshavebeen sinceJune2023. • Saleswereup 40% relativetoD ecem ber2023,m arkingthethird consecutivem onth of year-over-yearincreases.Condosaleswereup them ost(+51%,to65),folowed bytownhom es (+36%,to38),and detached hom es(+36%,to120). • Fortheful year2024,therewere3,566 M LS salesin theCentralO kanagan,a5% contraction from 2023,29% below thepast-decadeaverageof5,038,and thelowestannualtotalsince2012.
CENTRALOKANAGAN THERENNIEADVANCE sales
DECEMBER 2024
500
+ 36% vsD ec2023
400
300
140 10 yrDecAvg
200
DETACHED sales
100
120
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 15% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
+ 36% vsD ec2023
200
150
47 10 yrDecAvg
100
TOWNHOME sales
50
38
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 19% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
+ 51% vsD ec2023
300
250
200
71 10 yrDecAvg
150
100
CONDO sales
50
65
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 8% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
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