The Valley’s Heating Up
The Valley’s Heating Up
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, demand shifted from what would normally be a busy spring into red-hot fall and winter markets. This shift is also largely due to the lifestyle changes people are seeking out – moving away from urban centres into more open spaces with greater access to the outdoors and more affordable pricing on homes.
With this increased demand, plenty of new construction and development is happening in Kelowna and the surrounding valley. New apartments and city-style living are taking centre stage, giving a whole new culture and character shift to the town we know and love. Meanwhile, while housing inventory remains low, prices for single-family homes and properties of all types continue to rise with the surge in demand.
If the market seems daunting to you, I’m here to help 🙂 Let’s start the conversation about how to make the most of these market conditions and find the Okanagan dream home you’ve been looking for.
Additional Reading
Connecting Our Community
Kelowna’s public spaces are getting some major upgrades lately. As our community continues to grow, so does the need for places that bring people together. From new recreation facilities and activity centres to expanded parks and improved waterfront spaces,...
Reframing the Market Value
For years, the concept of value in the Kelowna housing market has been relatively straightforward. Get in while prices are low, find the biggest listing with the most upside in the best neighbourhood you can afford, then sit back and let the market do the rest. As...
Intentional Moves
Recently we talked about the cost of waiting and, ironically, it looks like buyers are still waiting. While national reports suggest that housing affordability is improving, many Canadians remain hesitant because of the uncertainty we’re so many headlines about. But,...
