Selling Season

Selling Season
Over the last two years we’ve seen a tremendous amount of interest from Canadians looking to downsize to a smaller community with greater access to the outdoors and more adorable living. The answer to this question quickly became Kelowna, and there’s been little to no signs of slowing down since word got out about our fabulous community.
In fact, Kelowna has now officially become the fastest growing city in Canada! No surprise when you consider our beautiful scenery, gorgeous weather, and laid back way of life. Kelowna’s housing market has seen a lot of recent growth, and now, due to a current shortage in inventory and our accelerated growth rate, we’re primed for a seller’s market. And while there’s plenty of new construction forecasted in the near future, the current demand has put the power in the seller’s hands.
If you’re considering downsizing, there’s never been a better opportunity to make the most of your Okanagan housing investment. Not only has the appeal for relocating to our gorgeous city never been higher, but housing inventory is scarce, presenting sellers with a lot of opportunity to materialize their ideal selling conditions. On top of this, average pricing in 2021 was 30% higher than it was in 2020, lending even more potential to the seller’s market!
If you’re looking for guidance navigating our current housing market, let’s get in touch and create a partnership that gets you the most out of your investment.
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...



