highlights • Therewere262 M LS salesin theCentralO kanagan in O ctober;though thiswasup 4% from Septem ber’s253 sales,itwasthesecond-lowestm onthlytotalsinceFebruary.Saleswere41% below thelong-run O ctoberaveragedespitebuckingtheusualseasonaltrend ofa6% declinein salesbetw een Septem berand O ctober. • Com pared toSeptem ber,lastm onth’ssalesoftownhom esand condoswereup by13% and 6%, respectively;fordetached hom es,salesdipped by 0.7% . • ThecountofO ctober’ssalesofdetached hom eswashigherthan in O ctober2022 by0.7%,while thoseoftownhom esand condoswerelowerby9% and 19%,respectively.
CENTRALOKANAGAN THERENNIEADVANCE sales
OCTOBER 2023
500
+ 1% vsOct2022
400
300
227 10 yrOctAvg
200
DETACHED sales
100
135
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 41% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
- 9% vsOct2022
200
150
86 10 yrOctAvg
100
TOWNHOME sales
50
51
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 41% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
- 19% vsOct2022
300
250
200
112 10 yrOctAvg
150
100
CONDO sales
50
76
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 32% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
Copyright© Novem ber2,2023ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofNovem ber2,2023.Aldatafrom As ociationof InteriorREALTORS® & Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycan otbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientofthe inform ationshouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom a rennieandas ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
●
3
Made with FlippingBook - professional solution for displaying marketing and sales documents online