Okanagan Market is Shining Bright
Okanagan Market is Shining Bright
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
Budding Spring Market
The sun is shining, patios are opening, and the Kelowna real estate market is blooming. Despite some unexpected variables this year - like the introduction of the ‘Flipping Tax’ and the short term rental restrictions that will soon go into effect - market activity is...
To Flip or Not to Flip
The BC real estate market is about to see another major change coming in January 2025. A newly proposed tax presented by the provincial government in their yearly budget - commonly referred to as ‘The Flipping Tax’ - aims to decentivize short term purchase investments...
Incoming Inventory
As we slowly make our way into the New Year, the usual speculation about future market conditions continues. Like we talked about last month, there are plenty of market influencers to consider in early 2024 that will set the tone for the rest of the year, like the...
