Living the Okanagan Dream
Living the Okanagan Dream
Having worked in the Okanagan real estate market for over two decades, I can confidently say that right now is one of the best times to both buy and sell in Kelowna. With outdoor activities on everyone’s minds since the change of pace COVID-19 brought to our way of life, the Okanagan has never had more curb appeal. Especially now that Big White has been getting so much snow, a sign of a great powder season to come.
Market sales this September exceeded last year’s sales by an unbelievable 78% – the highest they’ve been in the last 5 years! We’ve also seen an increase in housing price averages which means a fantastic return on your investment and a great opportunity to consider that change you’ve been on the fence about.
With plenty of active housing inventory you can rest assured that whether downsizing or upgrading, there’s something in our beautiful valley that’s perfect for you. Check out the featured listings on my website or give me a call to learn more about what’s out there!
Additional Reading
Winter Buyer’s Market Ahead
As of this month, Kelowna remains one of Canada’s most profitable and prosperous real estate markets, trailing only behind the Greater Vancouver area. But, with the Bank of Canada reducing its overnight mortgage rate to 3.75% on October 23rd and new construction...
Mortgage Rate Debate
Over the last ten years, Canadian mortgage rate fluctuations have had significant impacts on the Kelowna real estate market. This year we’ve already seen the Bank of Canada reduce mortgage rates twice, bringing the current overnight rate down to 4.5% - and it’s got a...
Buyer’s Market Boom
As the Kelowna real estate market approaches the last few weeks of the summer, things are continuing to trend in favour of buyers. Just over a month ago, the Bank of Canada reduced mortgage rates for the second time this year, bringing it down to 4.5% - a welcome...