The Center of Attention

The Center of Attention
As temperatures start to drop in the valley and the snow creeps over the mountains, we would usually expect Kelowna’s real estate market to cool down as well. But this year it continues to surprise us as we soar past last year’s sales once again for the month of October.
This October’s housing sales in the Okanagan showed a 70% increase over last year’s, from Revelstoke through to Peachland. While most people wouldn’t usually look to move in the winter, the Okanagan’s scorching hot market has hardly ever had more intrigue than it does this year. As Canadians look to adjust their pace of life with the challenges and learnings brought from COVID-19, it was only a matter of time before we became the center of attention.
While housing inventory may be lower than average, that hasn’t slowed things down. The timing is perfect if you’re looking to upgrade or downgrade and take advantage of your investment in our flourishing local economy. And with plenty of new construction underway, our valley’s magnetic draw will surely continue to grow.
Let’s talk about how easy it can be for you to make the dream move to the valley come true, or to take the next step in your home-owning adventure together!
Additional Reading
Rental Relief
Last month we took a closer look at how much our community has grown in such a short amount of time. Kelowna saw a municipal growth rate of 14% from 2016 to 2022, and with a significant downtown population increase projected with the addition of a new UBCO campus, a...
Downtown Boom
Over the last few years, the secret is out about the Okanagan - Kelowna in particular. Our incredibly high quality of life ratings led to an incredible boom in both the residential and commercial real estate markets, leading to growth that’s pushed us beyond the...
Coming Together
The last two weeks have inarguably been some of the most challenging our community has seen in 20 years since the Okanagan Mountain Park fires. It goes without saying that the McDougall Creek Wildfire took everyone by surprise and has created really trying times in...



