A Diamond in the Rough

A Diamond in the Rough

Sep 12, 2020 | Finance, Local, Real Estate

Not only is the weather fantastic here, but thanks to our thriving property market, Kelowna (now, more than ever) seems to still be one of the most desirable places to live in Canada. With plenty of open space, outdoor activities around every corner, great schools and parks, and a quaint small town feel, it’s no wonder housing in Kelowna recovered so quickly from the effects of the COVIC-19 pandemic!

The weather might be cooling off a bit, but housing has never been hotter. This August’s market data shows that the average housing price has jumped up over 10% in August compared to the first half of the year – and considering that this year’s sales were higher in June, July, and August compared to last year, things are still looking up for Kelowna’s market. In fact, it’s become so appealing that many from Vancouver and the surrounding Lower Mainland have been relocating to the valley to claim their own slice of paradise.

Wondering if it’s the right time to buy or sell? Let’s figure out the strategy that makes the most sense for you in this red hot market!

Additional Reading

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Full Speed Ahead

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The Center of Attention

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    As temperatures start to drop in the valley and the snow creeps over the mountains, we would usually expect Kelowna’s real estate market to cool down as well. But this year it continues to surprise us as we soar past last year’s sales once again for the...

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