Microclimate Market

Microclimate Market

Sep 30, 2022 | Finance, Local, Real Estate

After such a beautiful summer, it’s time to embrace the changing of seasons as we head into what will surely be another picturesque fall in the Okanagan.

Our community continues to thrive thanks to the growing appeal of the Okanagan lifestyle, drawing in buyers from all over the country (and then some). But after two years of red-hot market conditions, many are wondering what to expect as we head into the fall market. 

While many other regions in the province and country may appear volatile, the Okanagan real estate market – much like our weather systems – appears to be in a microclimate state that’s far less affected by larger market trends.

The high level of appeal and interest in our property market makes it quite plain and simple that people will continue to want to live in our beautiful area no matter what! This keeps the market moving at a steady pace while others may be slowing down. Now that the secret’s out about how fantastic it is to live here, there seems to be no stopping it.

Even at a time of year when sales tend to slow down while people are out enjoying the summer, Kelowna’s home sales were still holding high and steady. Compared to the rest of the province, Kelowna’s market continues to thrive. As long as sellers continue to price their properties appropriately, we’ll surely stay the course through the rest of the year.

Curious about your options in our ever-changing market? Let’s connect and strategize to make the most of your investment and find a perfect fit in our fabulous community.

Additional Reading

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Winter Growth Spurt

Winter Growth Spurt

As we head into another winter, the expected rumors and reports of a market slowdown are once again the hot topic in Kelowna real estate. But, speaking from experience, this isn’t an unnatural turn of events. Sales activity in Okanagan housing naturally tapers off...

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