highlights • Elevated new listingsactivity pushed inventory higherin January.Therew ere2,115 active listings,up 19% from January2024and them ostforthem onth ofJanuarysince2014(2,323 listings). • Totalinventorywas42% aboveitsprior10-yearJanuaryaverageof1,485.Condoinventorywas up them ost(+51%,to604),folowed bytownhom es(+47%,to342)and detached hom es(+37%,to 1,146). • Therewere9.2 m onthsofinventory(M O I)acros theregion in January,higherthan theprior 10-yearJanuaryaverageof7.2.Al hom etypeswerein buyers’m arkets:detached hom es(M O Iof 9.6),condos(9.3),and townhom es(8.0).
CENTRALOKANAGAN THERENNIEADVANCE inventory
JANUARY2025
+ 18% vsJan 2024
1,000 1,250 1,500 1,750 2,000
835 10 yr Jan Avg
1,146
250 500 750
DETACHED inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 37% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
600
+ 16% vsJan 2024
500
400
300
233 10 yr Jan Avg
342
200
TOWNHOME inventory
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 47% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
800
+ 23% vsJan 2024
700
600
604
500
400
400 10 yr Jan Avg
300
200
CONDO inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
+ 51% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
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