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

Mortgage Rate Debate

Mortgage Rate Debate

Over the last ten years, Canadian mortgage rate fluctuations have had significant impacts on the Kelowna real estate market. This year we’ve already seen the Bank of Canada reduce mortgage rates twice, bringing the current overnight rate down to 4.5% - and it’s got a...

Buyer’s Market Boom

Buyer’s Market Boom

As the Kelowna real estate market approaches the last few weeks of the summer, things are continuing to trend in favour of buyers. Just over a month ago, the Bank of Canada reduced mortgage rates for the second time this year, bringing it down to 4.5% - a welcome...

Summer Market Summary

Summer Market Summary

Looking to take the leap into the Kelowna Real Estate market? This summer just might be the best time to do it! Our local housing market has been the ‘talk of the town’ in Canadian real estate for as long as I can remember. It comes as no surprise that our amazing...

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