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

Weathering the Storm

Weathering the Storm

    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...

It’s All Relative

It’s All Relative

    As the leaves begin to change, we’re starting to see the long-predicted market cooling expected after such a fast-paced couple of years. With so much recent interest in the Okanagan real estate market, our community saw massive increases in construction,...

Buyers Lead The Way

Buyers Lead The Way

    While Mother Nature turns up the heat the housing market continues to cool, making plenty of room for new buyers to start timing their market entry. Over the last two years we’ve seen exceptional growth in Canadian real estate - especially in the...

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