highlights • Therewere344 M LS salesin theCentralO kanagan in June,a14% m onth-over-m onth decline, which farsurpas ed thetypical4% M ay-to-Junedeclinefortheregion.D etached hom esaleswere down theleastfrom M ay(-4% to191 sales),whiletownhom esalesdeclined 23% to59 and condo salesdeclined 26% to93. • Salesweredown 34% relativeto theprior10-yearJuneaverage(of521 sales)to m ark theslowest Junesince2011 (308).D etached salesled thewayat35% below average,folowed bytownhom e salesat34% below and condosalesat30% below. • Year-to-datesalesfortheregion,at1,822,weredown 16% from thefirstsixm onthsof2023 (2,182 sales)and 29% below theprior10-yearaverage(2,566).O nlythepandem icyearof2020 saw fewersalesthrough thefirstsix m onths,at1,764,which wasjust3% fewerthan thisyear.
CENTRALOKANAGAN THERENNIEADVANCE sales
JUNE 2024
500
- 22% vsJun 2023
400
300
296 10 yrJun Avg
200
191
DETACHED sales
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 35% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
- 30% vsJun 2023
200
150
89 10 yrJun Avg
100
TOWNHOME sales
50
59
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 34% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
- 33% vsJun 2023
300
250
200
133 10 yrJun Avg
150
100
CONDO sales
93
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
- 30% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
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