the kelowna rennie advance | December 2023
Dec 10, 2023
Written by
Ryan BerlinSHARE THIS
While November may have seen fewer new listings come to market in the Central Okanagan than October, the month’s total was still well above what’s typical for this time of year. And as sales counts continue to dwindle, inventory has remained above the 2,000-home threshold now for the sixth consecutive month.
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.
Written by
Related
Per the latest BC Stats data, Greater Victoria is projected to see substantially reduced population growth over the next decade. Notably, Langford is anticipated to grow more than the entire region, with outright declines forecasted for several communities.
Sep 2025
Report
BC Stats has released its latest population projections for communities across the province. Over the next decade, growth in the Central Okanagan is expected to be substantially less than both the previous decade and what was previously anticipated.
Sep 2025
Report