highlights • Activelistingsdeclined 19% m onth-over-m onth to 1,956,which wascloseto thetypical N ovem ber-to-D ecem berdecreaseof17%.Stil,thiswasthem ostinventoryto finish ayearsince 2013 (2,206 listings). • Totalinventorywas38% aboveitsprior10-yearD ecem beraverageof1,422.Condoinventorywas up them ost(+51%,to563),folowed bytownhom es(+37%,to298)and detached hom es(+31%,to 1,071). • Therewere8.8 m onthsofinventory(M O I)acros theregion in D ecem ber,am arginalincrease from 8.6 in N ovem ber.Thedetached hom eand condosegm entsfavoured selers,with M O Isof 8.9 and 8.7 respectively,whilethetownhom esegm entwasin balanced m arketter itorywith an M OIof7.8.
CENTRALOKANAGAN THERENNIEADVANCE inventory
DECEMBER 2024
+ 6% vsD ec2023
1,000 1,250 1,500 1,750 2,000
817 10 yrDecAvg
1,071
250 500 750
DETACHED inventory
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 31% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
600
- 3% vsD ec2023
500
400
300
217 10 yrDecAvg
298
200
TOWNHOME inventory
100
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 37% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
800
+ 13% vsD ec2023
700
600
500
563
400
372 10 yrDecAvg
300
200
CONDO inventory
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
+ 51% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
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