highlights • Therewere311 M LS salesin theCentralO kanagan in O ctober,a27% increase m onth-over-m onth thatw asastark contrastto thetypical6% Septem ber-to-O ctoberdecline. N otably,thisw asthelargestSeptem ber-to-O ctoberincreasein 24 yearsofavailabledataby a widem argin. • Salesw ereup 35% on ayear-over-yearbasis,thefirstannualincreasesinceJanuary and thelargest annualincreasesinceJune2023.D etached saleswereup them ost(+59%,to169),folowed by condos(+19%,to88)and townhom es(+10%,to54). • D espitethesharp m onthly increase,salesrem ained 23% below theirprior10-yearO ctober average(of405).A l m ajorBC m arketssaw activity pick-up significantly in O ctober,butsalesin V ictoriaand Vancouverw ere0.6% and 8% below theirO ctoberaverages,respectively.
CENTRALOKANAGAN THERENNIEADVANCE sales
OCTOBER 2024
500
+ 59% vsOct2023
400
300
222 10 yrOctAvg
200
DETACHED sales
169
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 24% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
+ 10% vsOct2023
200
150
71 10 yrOctAvg
100
TOWNHOME sales
50
54
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 23% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
+ 19% vsOct2023
300
250
200
110 10 yrOctAvg
150
100
CONDO sales
88
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 20% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
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