highlights • ActiveM LS listingsdeclined forthefourth consecutivem onth and,at2,730,havefalen 13% from theirpeak in June(of3,134 listings).Stil,thiswasthem ostinventoryforthem onth of O ctobersince2013 (2,758 listings). • Totalinventorywas43% aboveitsprior10-yearO ctoberaverage(of1,915).Townhom einventory wasup them ost(+52%,to425),folowed bycondos(+49%,to697)and detached hom es(+39%,to 1,584). • Therewas8.8 m onthsofinventory(M O I)acros theregion in O ctober,down from 12.2 in the priorm onth.Thedetached hom esegm entwasin aselersm arketwith an M OIof9.4,whileboth thetownhom eand condosegm entswerein balanced m arketter itorywith M O Isof7.9.
CENTRALOKANAGAN THERENNIEADVANCE inventory
OCTOBER 2024
+ 15% vsOct2023
1,000 1,250 1,500 1,750 2,000
1,584
1,144 10 yrOctAvg
250 500 750
DETACHED inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 39% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
600
+ 28% vsOct2023
500
400
425
300
281 10 yrOctAvg
200
TOWNHOME inventory
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 52% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
800
+ 28% vsOct2023
700
697
600
500
400
467 10 yrOctAvg
300
200
CONDO inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
+ 49% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
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