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

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Enjoying the View

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Soaring Sky High

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    Kelowna’s housing market continues to exceed all expectations moving into the fall. Inventories are at an all time low and outside interest has never been higher; a combined effect that continues to drive prices up, as well as new construction and...

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