Summer’s Here and the Market’s Warming Up

Summer’s Here and the Market’s Warming Up

Jun 22, 2020 | Finance, Local, Real Estate

As businesses start to open back up, things slowly make their way back to feeling ‘normal’. And while some things have changed, others haven’t – the Okanagan sun is shining right on schedule and I’m loving it!

Many have been concerned about the post-covid real estate market, but, surprisingly, things are looking up. Compared to April, May’s home sales have significantly increased, and market prices are high! Sure, compared to May last year we may be down, but this uptick in market activity is a warm welcome considering what we’ve been through. Let’s hope this is our first indication of the market’s imminent recovery!

With many of us starting to get back to work and making our way through once-uncertain times, let’s remember to support our neighbours and local businesses to help move our economy in the right direction.

Despite how things feel, there is still plenty of opportunity in our local market. Let’s talk today about how to get through this together!

Additional Reading

Condo Season in Kelowna

Condo Season in Kelowna

The Kelowna lifestyle is now more accessible than ever. With the influx of options we’re seeing in the local condo market, not only is downsizing becoming more and more appealing, but so is a whole new quality of life that most home-owners in our area have only...

Perfect Timing for Right-Sizing

Perfect Timing for Right-Sizing

Is now the right time to consider upsizing or downsizing? When taking a look at June 2025’s market stats, the Kelowna real estate market is showing compelling insights for homeowners to strongly consider both options. With interest rates holding steady, inventory...

Lake Life Still Sells

Lake Life Still Sells

As the Canadian real estate market continues to cool down in major city centres like Toronto and Vancouver, Kelowna and the Central Okanagan are charting their own course. While national headlines focus on declining sales and slowing price growth, our lovely little...

250-470-0377