Kelowna’s Still Thriving
Kelowna’s Still Thriving
The weather’s catching on – Kelowna’s property market is scorching! With average home prices breaking over 900k, I can honestly say these are unprecedented market conditions.
But, these price increases are likely to be softened with further commitment from the Canadian government to address the high cost of housing to make it more accessible to young Canadians. And thankfully things are stabilizing in Kelowna with plenty of expansion going on in our beautiful city. A large-scale development allocated in Kelowna’s South Ridge aims to add plenty of new residential options with beautiful lake views. Between this proposal and plenty of new apartment developments happening in our more populated areas, Kelowna’s growth spurt continues to thrive largely from increased interest from larger urban centres like Vancouver, Victoria, Calgary, and Edmonton.
If you’re worried about this growth spurt and its impact on housing prices, don’t worry – we can work through it together! Whether you’re looking to assess your options, relocate to Kelowna, make a move within the city, or sourcing a prime investment, I’d love to help guide you through the process! Let’s get in touch and find the best way to help get you into this exciting Okanagan market.
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,...
