highlights • A ctiveM LS listingseclipsed the3,000-m ark forthefirsttim ein nearly 11 yearsto reach 3,150 in June.ThiswasthehighestlevelsinceAugust2013 (3,185 listings)and 42% abovetheprior 10-yearJuneaverage(2,214). • In justoneyear,inventorylevelshaverisen nearly50% (from 2,121 listingsin June2023). Townhom eand condoinventorywereboth up 56% year-over-year(to455 and 795,respectively), whiledetached hom einventorywasup 44% (to1,850). • Al hom esegm entswerebuyers’m arketsin June,with 9.2 m onthsofinventory(M O I)acros the region.Thedetached hom esegm enthad an M O Iof9.7 (from 8.5 lastm onth),folowed bycondos at8.5 (from 6.0)and townhom esat7.7 (from 5.4).
CENTRALOKANAGAN THERENNIEADVANCE inventory
JUNE 2024
+ 44% vsJun 2023
1,000 1,250 1,500 1,750 2,000
1,850
1,314 10 yrJun Avg
250 500 750
DETACHED inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 41% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
600
+ 56% vsJun 2023
500
400
455
300
321 10 yrJun Avg
200
TOWNHOME inventory
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 42% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
800
+ 56% vsJun 2023
795
700
600
500
400
553 10 yrJun Avg
300
200
CONDO inventory
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
+ 44% vs10yrJun Avg
﹍ 10yrJuneAverage
● June
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