Rise & Shine

Rise & Shine

Mar 15, 2020 | Finance, Local, Real Estate

Can you feel that warm spring sun finally coming out?! With a bit of luck, winter should finally be behind us; which means summer is just around the corner.

This year has already been off to a great start, with our first month reporting a year-over-year sales increase of 23% in BC! Heading into spring, market reports continue to show that sales were up from January to February and that there were fewer active listings available in February compared to last year. Combined, these factors indicate that the spring market is about to heat up heading into summer, which could lead to an increase in Vancouverites arriving to the valley.

And while the future remains unclear, so far the COVID-19 virus has not had any adverse effects on the BC real estate market

The Okanagan market has never been more appealing. So if you’re thinking about buying or selling, let’s talk today about the best options for you, your property, and your goals.

Additional Reading

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...

Cool Market Breeze

Cool Market Breeze

    For the first time since before the pandemic, average housing prices in Kelowna are down 2 months in a row. The benchmark of a single-family home in the Central Okanagan dropped once again from May to June, showing us that the market may finally be...

Summer Market Stability

Summer Market Stability

    For the first time in almost two years, Kelowna’s housing market is showing signs of cooling down and stabilizing. COVID brought a lot of attention to Kelowna with its high appeal to the shifting landscape of professionals working from home and...

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