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
Right Between the Lines
A recent report noted that rent prices in Kelowna are on the decline, with BC showing the greatest rental price decrease in Canada so far. With increased rental supply and rising vacancy levels across the province helping ease pressure on the price of housing, it’s...
The Cost of Waiting
If you haven’t read my latest blog post yet, let’s bring you up to speed. Last month we talked about buyers and sellers both sitting on the fence, with buyers waiting for prices to soften and sellers waiting for stronger demand. But, here's the thing about fences -...
Both Sides of the Fence
March was a really positive start to the spring in the Kelowna housing market, with sales for townhomes, condos and single-family homes all showing increases compared to February. Coupled with this bump in sales activity, average and median prices for single-family...
