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The Kelowna Rennie Advance | March 2024

Home sales may have increased across the Central Okanagan in February, but only relative to January’s low total.
March 3, 2024

Home sales may have increased across the Central Okanagan in February, but only relative to January’s low total. When compared to previous Februarys' counts, last month’s tally was the lowest since 2013. Meanwhile, supply is expanding at an accelerating rate.

The kelowna rennie advance is a monthly publication which includes a brief summary of the latest sales, listings, and price trends in the Central Okanagan. It is produced at the beginning of each month and it reflects the latest market data.

Our rennie intelligence team comprises our senior economist, market analysts, and business intelligence analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in real estate dynamics, urban land economics, the macroeconomy, shifting demographics, and data science, their industry-leading data acquisition, analytical systems, and strategic research supports a comprehensive advisory service and forms the basis of frequent reports and public presentations, covering the Vancouver, Kelowna, Victoria, and Seattle marketplaces. Their thoughtful and objective approach embodies the core values of rennie.