Strong Recovery in Kelowna Housing

Strong Recovery in Kelowna Housing

Aug 20, 2020 | Finance, Local, Real Estate

Surprise, everyone – despite 2020’s hectic turn of recent events, I have some good news!

Market sales in the Okanagan continue to exceed last month’s and last year’s sales, which means we’re right on our way to stabilizing housing amidst the COVID-19 pandemic! July saw a 30% increase in housing sales compared to last year, which is largely speculated to be because new buyers are looking for more spacious places to live now. After all, we do live in one of the best places you can find when it comes to outdoor lifestyles! 

If June’s sales were a good sign, July’s were a great one. While the pandemic may have kicked the 2020 market off in an unstable way, it’s great to see that new interest in our beautiful area continues to support our housing economy and growth.

Looking to make a similar change for you and your family? Let’s talk about how to make sure you get exactly where you want to be and start living the Okanagan dream with the rest of us 🙂

Additional Reading

Eyes on the Rise

Eyes on the Rise

As we head into 2026, Kelowna’s real estate market is showing some profoundly positive indicators. With many new developments being recently completed or nearing the finish line, the City of Kelowna’s plans to continue our community’s infrastructure improvements, and...

A New Kelowna Emerges

A New Kelowna Emerges

Once upon a time, Kelowna was a tranquil community known for its beautiful weather, thriving tourism, retirement destination appeal, and reputation as a wonderful place to raise a family. Fast-forward to 2025 and all of that still holds true, only now our town has...

Local Community Highlights

Local Community Highlights

Kelowna is a city made up of distinct little pockets, with each area having its own rhythm, character, and charm. From the North End’s charming suburban lakefront energy to the sprawling orchards and acreages of Southeast Kelowna, every neighbourhood offers something...

250-470-0377