The Center of Attention

The Center of Attention

Nov 13, 2020 | Finance, Local, Real Estate

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 month of October.

This October’s housing sales in the Okanagan showed a 70% increase over last year’s, from Revelstoke through to Peachland. While most people wouldn’t usually look to move in the winter, the Okanagan’s scorching hot market has hardly ever had more intrigue than it does this year. As Canadians look to adjust their pace of life with the challenges and learnings brought from COVID-19, it was only a matter of time before we became the center of attention.

While housing inventory may be lower than average, that hasn’t slowed things down. The timing is perfect if you’re looking to upgrade or downgrade and take advantage of your investment in our flourishing local economy. And with plenty of new construction underway, our valley’s magnetic draw will surely continue to grow.

Let’s talk about how easy it can be for you to make the dream move to the valley come true, or to take the next step in your home-owning adventure together!

Additional Reading

Living the Okanagan Dream

Living the Okanagan Dream

    Having worked in the Okanagan real estate market for over two decades, I can confidently say that right now is one of the best times to both buy and sell in Kelowna. With outdoor activities on everyone’s minds since the change of pace COVID-19 brought to...

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...

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