Selling Season

Selling Season

Feb 28, 2022 | Finance, Local, Real Estate

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

Growing Pains

Growing Pains

The Kelowna housing market has been the hot topic in Canadian real estate for quite some time now. Between red-hot covid markets to short term rental restrictions and everything in between, our community has seen a lot of change take place in the last few years. As...

Rentals Under Review

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The long-discussed and anticipated day has come - as of May 1st 2024, short term rental restrictions in BC have come into effect. This newly introduced regulation, set forth with the goal of prioritizing long term rental options in BC and combatting climbing cost of...

Trending Okanagan

Trending Okanagan

The Okanagan is taking its turn in the spotlight for British Columbia real estate as Vancouver starts to lose its curb appeal. While it’s no secret that Kelowna and the Okanagan as a whole have been gathering momentum for the past ten years, Covid truly sparked an...

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