Strong Recovery in Kelowna Housing
Strong Recovery in Kelowna Housing
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
They Grow Up So Fast
The headline this month? Kelowna remains the fastest growing metropolitan area in the country, with over 40% of new buyers relocating to the valley from the lower mainland and only 30% being from the Okanagan. Our little beach town is growing up fast! It...
Spring Market Update
As the snow starts to thaw and the sun starts to shine it’s time to get excited about the coming spring in Kelowna. You can safely bet that the worst of the winter is in the rear-view and that the warm weather is just around the corner! Unlike the...
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...
