Summer’s Here and the Market’s Warming Up

Summer’s Here and the Market’s Warming Up

Jun 22, 2020 | Finance, Local, Real Estate

As businesses start to open back up, things slowly make their way back to feeling ‘normal’. And while some things have changed, others haven’t – the Okanagan sun is shining right on schedule and I’m loving it!

Many have been concerned about the post-covid real estate market, but, surprisingly, things are looking up. Compared to April, May’s home sales have significantly increased, and market prices are high! Sure, compared to May last year we may be down, but this uptick in market activity is a warm welcome considering what we’ve been through. Let’s hope this is our first indication of the market’s imminent recovery!

With many of us starting to get back to work and making our way through once-uncertain times, let’s remember to support our neighbours and local businesses to help move our economy in the right direction.

Despite how things feel, there is still plenty of opportunity in our local market. Let’s talk today about how to get through this together!

Additional Reading

A Diamond in the Rough

A Diamond in the Rough

    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,...

Strong Recovery in Kelowna Housing

Strong Recovery in Kelowna Housing

    Surprise, everyone - despite 2020’s hectic turn of recent events, I have some good news! Market sales in the Okanagan continue to exceed last month’s and last year’s sales, which means we’re right on our way to stabilizing housing amidst the COVID-19...

Okanagan Market is Shining Bright

Okanagan Market is Shining Bright

    In true Okanagan fashion, it’s looking like this summer is going to be another hot one! With the sun beating down on our lush landscape and all the new patios that just extended onto Bernard Ave, there’s never been a better time to live in Kelowna....

250-470-0377