highlights • TheCentralO kanagan recorded 282 M LS salesin M arch,42% below thepast-decadeM arch average,which m arked thefewestsalesofanyM arch since2009.D etached hom esrecorded the fewestsalesrelativeto theirpast10-yearaverage(by46%),folowed bycondos(by41%)and townhom es(by33%). • The31% increasein saleslastm onth w asslightly les than thetypicalFebruary-to-M arch expansion of34%.Thatsaid,salesdid riseforal hom etypes:detached hom esby33%, townhom esby30%,and condosby27%. • Salesforal hom etypesweredown 29% relativetooneyearago,led bycondosat37%,detached hom esat27%,and townhom esat19%.
CENTRALOKANAGAN THERENNIEADVANCE sales
MARCH 2024
500
- 27% vsM ar2023
400
300
260 10 yrM arAvg
200
DETACHED sales
100
140
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 46% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
- 19% vsM ar2023
200
150
91 10 yrM arAvg
100
TOWNHOME sales
50
61
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 33% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
- 37% vsM ar2023
300
250
200
137 10 yrM arAvg
150
100
CONDO sales
81
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 41% vs10yrM arAvg
﹍ 10 yrM arch Average
● March
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