Steady Wins The Race

Steady Wins The Race

May 10, 2020 | Finance, Local, Real Estate

Congratulations everyone – we’re beating this thing! According to recent reports, BC has successfully managed to reduce the risk posed by COVID-19 and all-but flatten the curve in our province.

With this great news achievement came the announcement that things will start slowly making their way back to normal over the coming weeks and months! Just in time for the long weekend, small gatherings of 2-6 people have been permitted, BC parks are planning to re-open, and non-essential businesses will gradually start reopening.

Thanks to construction being deemed an essential service, many of Kelowna’s ongoing developments remained unaffected by the work stoppage experienced in other sectors. And while April’s monthly sales saw a predicted decrease, prices are up 2% compared to last year due to the low number of available properties to buyers.

Slowly but surely, the way of life we all know and love will be back soon. In the meantime, let’s keep doing our best to help our neighbours and support eachother through this.

Additional Reading

Return of the Short Term Rental

Return of the Short Term Rental

After plenty of anticipation, short term rental restrictions may finally be changing in Kelowna. The question has recently shifted in a hopeful direction - from a matter of ‘if’ to a matter of ‘when’ - giving us plenty to keep our eyes on in the coming weeks and...

Peak Potential

Peak Potential

When most buyers think of investing in Kelowna real estate, they tend to gravitate towards Downtown, South Pandosy, Glenmore, or any number of other neighbourhoods. But, what they often overlook is just up the hill at Big White Ski Resort, and it’s proving to be one...

Buyer’s Market Starts 2026

Buyer’s Market Starts 2026

The New year is starting off with a strong stride for buyers looking to get into the Kelowna real estate market. The start of 2026 is leaning this way thanks to a harmony of factors - namely healthy inventory levels and low interest rates - which have tiled the scales...

250-470-0377