Market Reports

Welcome back to another monthly market report for real estate in the Central Okanagan this time overviewing the stats for May in 2024. Finally, some good news! The Bank of Canada has reduced interest rates for the first time in four years, cutting them by 0.25 basis points to 4.75%. While a small decrease, it’s […]

Welcome back to my monthly market report for real estate in the Central Okanagan. Let’s delve into the statistics for April 2024. Economic Indicators: – Inflation: In March, inflation rose slightly to 2.9%, still failing to break the 2.7% mark. Hopefully we will see a downward correction in April which will move us closer to […]

Hey everyone, welcome back to another real estate market update for Kelowna & the Central Okanagan this time reviewing the stats for March, 2024. As we dive into the latest findings, it’s clear that the Spring Market is well underway, with signs of activity beginning to heat up across the region. Market Activity: Sales: In […]

Hey everybody, I’m back again with another market update for real estate in Kelowna & the Central Okanagan. The burning question on everyone’s mind: Is the Spring Market in full swing? Are property sales skyrocketing, indicating a fully rebounded market? Not quite yet. However, what we’ve observed as real estate agents in recent weeks is […]