Current Market Update July 15, 2023
July Newsletter
June was an excellent month across all segments with condos and townhomes selling more than 25% of the listings, putting it in a sellers market. Single Family homes lagged a…
Current Market Update July 15, 2023
June was an excellent month across all segments with condos and townhomes selling more than 25% of the listings, putting it in a sellers market. Single Family homes lagged a…
Current Market Update June 15, 2023
Kelowna's market continues to perform better than expected in May. The listing inventory is still slightly depressed and sales are climbing. This has pushed ALL segments back into a sellers'…
Current Market Update April 15, 2023
We are now exactly 1 year after the peak of the market in March 2022 and it's the first time we've seen upward movement since. All segments have stepped up…
Current Market Update March 15, 2023
As we transition away from the historically two slowest months of the year, February saw listings and sales climbing together. This has resulted in a consistent 16% of listings being…
Current Market Update February 15, 2023
The stats from the first month of 2023 are out, and although they are painting a dire picture, the sentiment feels different. The last few weeks have not only felt…
Current Market Update January 15, 2023
When we look at 2022 as a whole, it wasn't too bad. Total sales were similar to 2018/2019 and listing inventory average was similar to 2016/2017. Comparing year over year…
Current Market Update January 19, 2021
Kelowna Real Estate News December 2020 Stats Single Family Homes 47% of listings selling As we all know, this market has been breaking records since July. Listings for December were the lowest…
Current Market Update November 12, 2020
Kelowna Real Estate News November 2020 It doesn’t get hotter than this! October in Kelowna continued to surprise with unprecedented growth in sales and off the charts numbers. The %…
Current Market Update October 21, 2020
Kelowna Real Estate News October 2020 RECORDS BROKEN! HOT HOT HOT! Wow, once again, an unbelievable month for Kelowna in September. Our spring market was delayed to the summer and…
Current Market Update September 17, 2020
Kelowna Real Estate News September 2020 Well it’s not too surprising, Kelowna’s single family home market has continued to be very strong, with August being another record month in a…
Current Market Update August 14, 2020
Kelowna Real Estate News August 2020 Wow, what a month for July! Kelowna broke several records last month. Sales for townhomes and single family homes are up tremendously, with listings staying…
Current Market Update July 10, 2020
Kelowna Real Estate News July 2020 Buyers are back in great numbers but listings haven’t caught up yet and are still down 20% Single Family Homes Wow! How the wind has shifted…