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

Budding Success

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    It’s been one year since COVID-19 began affecting our lives here in the Okanagan, and it’s fair to say that nobody expected what followed. After an uncertain spring season in 2020, many Canadians took the time to reevaluate their lifestyles and living...

The Valley’s Heating Up

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    Thinking about buying or selling a home in the Okanagan? There has honestly never been a better time. Last year we saw some unpredictable and unprecedented growth in the Okanagan housing market. With the economy being all but shut down early in the year,...

New Year, New Groove

New Year, New Groove

    Congratulations everyone - we’ve made it past the finish line of 2020! Last year presented us with a lot of unpredictable challenges: from a quarantine that forced us all indoors and pushed housing sales below the 5 year average, to a surge above and...

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