Cold Weather, Hot Market

Cold Weather, Hot Market

Jan 22, 2020 | Finance, Local, Real Estate

While 2019 may have been off to a slow start, we certainly ended it strong. With lower inventory and higher sales than December last year, the market is looking a lot warmer than the weather heading into this new decade. All this, and the fact that homes sold faster on average in the Central Okanagan than the rest of the region, is setting us up nicely for 2020.

Not only is the market nice and active, but this year we can look forward to a lot of new properties entering the market, and creating plenty of opportunity for first-time buyers. With new development proposals continuing to roll in, Kelowna remains one of the most prospective markets in Canada.

Looking for the right moment to make your move? Whether you’re buying or selling there are a number of different ways to make the best of the current market, and I love talking strategy. Let’s get in touch and figure it out together!

Additional Reading

What A Year!

What A Year!

    With 2021 sliding into the rearview and 2022 just around the corner, there’s been a lot of surprises to think back on! During what could have been one of the most difficult years for our housing economy, the Okanagan saw the complete opposite take place....

Warm Winter Market

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    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...

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