highlights • TheCentralO kanagan talied only154 M LS salesin D ecem ber2023,the7th consecutivem onth ofdecliningtransaction countsin theregion.ThiswasthelowestD ecem bersalescountsince 2010 and was43% below thepast-decadeD ecem beraverage. • The31% drop in saleslastm onth wasm orethan thetypicalN ovem ber-to-D ecem berdeclineof 24%.D etached hom esalesfelby33%,townhom esalesweredown 26%,and condosalesfelby 31%. • Forthefulyear2023,therewere3,795M LS salesin theCentralOkanagan— thiswas17% fewer than in 2022,26% below thepast-decadeaverageof5,129,and thelowestannualtotalsince2013.
CENTRALOKANAGAN THERENNIEADVANCE sales
DECEMBER 2023
500
- 15% vsD ec2022
400
300
144 10 yrDecAvg
200
DETACHED sales
100
81
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 44% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
- 18% vsD ec2022
200
150
54 10 yrDecAvg
100
TOWNHOME sales
50
31
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 43% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
- 11% vsD ec2022
300
250
200
71 10 yrDecAvg
150
100
CONDO sales
50
42
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0
- 41% vs10yrD ecAvg
● December ﹍ 10 yrD ecem berAverage
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