Rise & Shine
Rise & Shine
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
Coming Together
The last two weeks have inarguably been some of the most challenging our community has seen in 20 years since the Okanagan Mountain Park fires. It goes without saying that the McDougall Creek Wildfire took everyone by surprise and has created really trying times in...
Continued Success
Over the last couple of months there’s been a lot of questions asked about market stability - in British Columbia and the Okanagan alike - with residential sales appearing to dwindle as the Kelowna summer continues to heat up. Then again, when your market’s been as...
The Road Ahead
The Okanagan summer is officially here as the sun takes its stand and we say goodbye to a more-than-average rainy June. Now, what can we expect from the Kelowna real estate market as we head into summer? Earlier this month, the Bank of Canada raised its benchmark...
