Okanagan Market is Shining Bright

Okanagan Market is Shining Bright

Jul 15, 2020 | Finance, Local, Real Estate

In true Okanagan fashion, it’s looking like this summer is going to be another hot one! With the sun beating down on our lush landscape and all the new patios that just extended onto Bernard Ave, there’s never been a better time to live in Kelowna.

Despite many speculations about impacts of COVID-19 on the real estate market, Kelowna has bounced back extremely quickly – our June sales were even higher than last year! To make things better, open houses have also been re-allowed in BC (with new social distancing measures). And the days of ‘just popping in’ may be a little ways away, it’s great to see that we’re on a positive trend to get things back to normal. After all, everything counts when it comes to making sure your property gets the best showcase possible or getting a feel for your new home.

If you have any questions about listing or buying in these unprecedented conditions, I’m right here to help. Drop me a line with any questions you have, and keep up the great work everyone!

Additional Reading

Is Kelowna’s Market Stabilizing?

Is Kelowna’s Market Stabilizing?

Kelowna’s real estate market in 2024 was a bit of a wild ride. The year kicked off slowly, with high interest rates making it tough for many buyers to afford homes. It wasn’t just Kelowna feeling the squeeze - this was a trend we saw happening across all of British...

Where To Go Next?

Where To Go Next?

As we start getting ready to say goodbye to 2024 there’s plenty of curiosity about what the Kelowna real estate market is going to look like in 2025 - and with good reason! This year we saw so many changes take place that had significant impacts on our local market,...

Winter Buyer’s Market Ahead

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...

250-470-0377