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

Warm Winter Market

Warm Winter Market

    As temperatures drop and the snow makes its way into the hills, the opposite seems to be happening for the Kelowna real estate market. Despite our low housing inventory, prices continue to rise! “Home prices in B.C. rose 19% year-on-year in October, but...

Enjoying the View

Enjoying the View

    The last couple years have been both unpredictable and surprising for all of us, including the Okanagan real estate market. At a time when the world came to a halt, Canadians took this forced pause as an opportunity to re-evaluate their lifestyles and...

Soaring Sky High

Soaring Sky High

    Kelowna’s housing market continues to exceed all expectations moving into the fall. Inventories are at an all time low and outside interest has never been higher; a combined effect that continues to drive prices up, as well as new construction and...

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