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
Connecting Our Community
Kelowna’s public spaces are getting some major upgrades lately. As our community continues to grow, so does the need for places that bring people together. From new recreation facilities and activity centres to expanded parks and improved waterfront spaces,...
Reframing the Market Value
For years, the concept of value in the Kelowna housing market has been relatively straightforward. Get in while prices are low, find the biggest listing with the most upside in the best neighbourhood you can afford, then sit back and let the market do the rest. As...
Intentional Moves
Recently we talked about the cost of waiting and, ironically, it looks like buyers are still waiting. While national reports suggest that housing affordability is improving, many Canadians remain hesitant because of the uncertainty we’re so many headlines about. But,...
