Current Market Update March 10, 2025
March Real Estate Stats for Kelowna
Kelowna's real estate market is in a funny place right now. Statistically, we're deep in a buyers market, but I'm seeing these little pops of activity in certain areas of…
Current Market Update March 10, 2025
Kelowna's real estate market is in a funny place right now. Statistically, we're deep in a buyers market, but I'm seeing these little pops of activity in certain areas of…
Current Market Update January 10, 2025
Kelowna Real Estate News January 2025 Edition OVERVIEW Where is Kelowna's market headed for 2025? It's a question that everyone wants to know. Surprisingly, we had a strong October and…
Current Market Update December 10, 2024
Is the market about to take off this spring again with the interest rate changes? It's a question I've had many times recently. Let's see look at the data. First,…
Current Market Update November 10, 2024
After the worst September in a decade, October bounced back STRONG with sales up 60% over last year for single family homes, and 32% higher for townhomes. This wasn't just…
Current Market Update October 10, 2024
The market moved deeper into a buyers market in September making it the worst September in the last decade due to fewer sales and more properties to choose from. However,…
Current Market Update September 10, 2024
While Kelowna's market slowed in August, making it one of the slowest Augusts on record, many sellers are patiently waiting for the market to rebound rather than adjusting their prices.…
Current Market Update August 10, 2024
July was similar to the previous quarter, maintaining it's course with no big gains or losses.
Current Market Update July 10, 2024
June didn't stray from May's direction, and that wasn't positive. June's market was very slow, even for the townhome market that was showing the most promise and activity. It looked…
Current Market Update June 10, 2024
While May is typically one of the strongest months of the year, it waivered some this year, especially for single family homes. Listings are continuing to climb across the board,…
Current Market Update May 10, 2024
April saw a welcome increase in sales, shifting our market close to, and into a balanced market for the first time since August last year. Listings have continued to climb…
Current Market Update April 5, 2024
I think many had high hopes for March, myself included, that we might start to see sales picking up, but it wasn't as much as we'd all hoped. April and…
Current Market Update March 11, 2024
As we move out of the two slowest months of the year (December and January), the market will start to build momentum. Listings have begun to ramp up, and we…