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

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...

Curb Appeal

Curb Appeal

    Secondary markets across the country are experiencing a significant housing market boom as people want their home-buying dollars to go further, because they’re spending so much more time at home and no longer have to worry about long commutes now that...

Cool Summer Breeze

Cool Summer Breeze

    In an unlikely coincidence, it seems like Kelowna’s housing market climate continues to rise and fall with the weather. Now that we’ve made it through the most intense heat wave in recent memory the market is showing signs of cooling - but that doesn’t...

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