All Together Now

All Together Now

May 3, 2020 | Finance, Local, Real Estate

My friends. I hope you and your families are all staying safe and taking care during these difficult times our community’s been faced with.

Since most of us are being asked to stay home with some financial assistance provided for BC renters, BC workers, and Canadians affected by the COVID-19 crisis (CERB), might as well curl up with a book, catch up on some shows, cook elaborate meals, and spend quality time with your loved ones either at home or by video call! 

As expected, with the request for our community to stay at home, the market has naturally slowed as well. But this is no indication of things going south; simply a sign of the times. Since some provinces are considering opening non-essential provinces in the near-future, as well as some in Kelowna, we expect the market to bounce back as the sun comes out and things start making their way back to normal. It’s also important to remember that construction has been considered an essential service, so any current and future projects are unlikely to be affected by the current situation.

If you have any questions about the market, I’m ready to help. Let’s get through this together. Stay safe everyone!

Additional Reading

Buyers Lead The Way

Buyers Lead The Way

    While Mother Nature turns up the heat the housing market continues to cool, making plenty of room for new buyers to start timing their market entry. Over the last two years we’ve seen exceptional growth in Canadian real estate - especially in the...

Cool Market Breeze

Cool Market Breeze

    For the first time since before the pandemic, average housing prices in Kelowna are down 2 months in a row. The benchmark of a single-family home in the Central Okanagan dropped once again from May to June, showing us that the market may finally be...

Summer Market Stability

Summer Market Stability

    For the first time in almost two years, Kelowna’s housing market is showing signs of cooling down and stabilizing. COVID brought a lot of attention to Kelowna with its high appeal to the shifting landscape of professionals working from home and...

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