highlights • TheCentralO kanagan recorded 211 M LS salesin February,up from January’s173.Thiswasthe lowestFebruarysalescountin thepastten years,17% les than in February2023,and 42% below thepast-decadeFebruary average. • The22% increasein saleslastm onth w asles than thetypicalJanuary-to-February expansion of 48%.Thatsaid,salesdid riseforal hom etypes:detached hom esby20%,townhom esby47%,and condosby11%. • February’scountoftownhom esaleswasactualyhigherthan in February2023,by7%,while detached hom eand condosaleswereles than oneyearagoby22% and 21%,respectively.
CENTRALOKANAGAN THERENNIEADVANCE sales
FEBRUARY 2024
500
- 22% vsFeb2023
400
300
191 10 yrFebAvg
200
DETACHED sales
100
103
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 46% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
+ 7% vsFeb2023
200
150
70 10 yrFebAvg
100
TOWNHOME sales
50
47
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 33% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
- 21% vsFeb2023
300
250
200
103 10 yrFebAvg
150
100
CONDO sales
50
61
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 40% vs10yrFebAvg
﹍ 10 yrFebruaryAverage
● February
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