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
Take it to the Top
With another month gone by, so much has changed and things are moving faster than ever. Yet, the story remains the same: the Okanagan real estate market is still soaring with no signs of slowing down. Last year we saw average home prices go up steadily,...
Living in the Fast Lane
The Okanagan market continues to flourish with inventory at an all-time low and buying interest continuing to rise, specifically from larger urban centres. Now with the weather getting nicer, we’re also seeing a shift in focus from residential properties...
Budding Success
It’s been one year since COVID-19 began affecting our lives here in the Okanagan, and it’s fair to say that nobody expected what followed. After an uncertain spring season in 2020, many Canadians took the time to reevaluate their lifestyles and living...
