Summer’s Here and the Market’s Warming Up
Summer’s Here and the Market’s Warming Up
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
Kelowna Market Moves Forward
April brought a wave of cautious optimism to the Canadian housing market, and Kelowna was no exception. While the national market is adjusting its expectations for the year ahead, locally we saw encouraging signs that buyers and sellers alike are starting to move with...
Sold Before Sunset
If you’ve been keeping an eye on the Kelowna real estate market, you’ve probably noticed some shifts over the past few months. As of March 2025, the market is seeing more inventory, steady price growth, increased sales activity, and lending rates have been reduced...
Spring Housing is Blooming
March is finally here, which means the sun is about to shine and the market is about to thrive! Historically, the Kelowna and Okanagan spring housing markets are where we start to see the first surges of activity for the year. When we consider that only a couple of...
