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, 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
Lake Life Still Sells
As the Canadian real estate market continues to cool down in major city centres like Toronto and Vancouver, Kelowna and the Central Okanagan are charting their own course. While national headlines focus on declining sales and slowing price growth, our lovely little...
Kelowna Market Moves Forward
April brought a wave of cautious optimism to the Canadian housing market, and Kelowna was no exception. While the national market is adjusting its expectations for the year ahead, locally we saw encouraging signs that buyers and sellers alike are starting to move with...
Sold Before Sunset
If you’ve been keeping an eye on the Kelowna real estate market, you’ve probably noticed some shifts over the past few months. As of March 2025, the market is seeing more inventory, steady price growth, increased sales activity, and lending rates have been reduced...
