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

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Weathering the Storm

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    Kelowna continues to thrive as the Canadian housing market cools down. Despite “short term uncertainty” in Okanagan real estate, luxury housing, waterfront lots, residential land, and new developments are clear indicators of market prosperity heading...

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