What is the Kelowna real estate market doing these days, going up, down, or staying the same? Is there much demand, much on the market?
I would have looked at the stats but don't know what part of the Okanagan Kelowna is in?
Also are places like Summerland, Peachland etc. more expensive, or less expensive?
Thanks!
Kelowna real estate market?
- Adventuregurl
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- Moops
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Re: Kelowna real estate market?
Hi Adventuregurl & welcome to A-OK!
The boom era in the Okanagan has subsided from the extremely inflated prices back around the mid 2000's. The market still appears to be fairly steady, however, it's apparently more of a buyer's market now.
Kelowna is in the Central Okanagan (Peachland through to Lake Country). If you look at the Central Okanagan stats listed in this section of the forum, the last entries (pages 2 & 3) were released in January for the previous month & year end. For more current stats, you can visit the Okanagan Mainline Real Estate Board website at http://www.omreb.com/page.php?sectionID=2 and click on the MARCH 2014 OMREB Market News heading to read the latest release. The monthly stats are noted below the release.
The boom era in the Okanagan has subsided from the extremely inflated prices back around the mid 2000's. The market still appears to be fairly steady, however, it's apparently more of a buyer's market now.
Kelowna is in the Central Okanagan (Peachland through to Lake Country). If you look at the Central Okanagan stats listed in this section of the forum, the last entries (pages 2 & 3) were released in January for the previous month & year end. For more current stats, you can visit the Okanagan Mainline Real Estate Board website at http://www.omreb.com/page.php?sectionID=2 and click on the MARCH 2014 OMREB Market News heading to read the latest release. The monthly stats are noted below the release.
2024 … still here adding info to benefit newcomers!
- Adventuregurl
- Posts: 5
- Joined: Mon Mar 31, 2014 6:59 pm
- Location: Arizona, USA
- Moops
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- Joined: Fri Jul 11, 2008 3:57 pm
- Location: Kelowna
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Re: Kelowna real estate market?
Just when we thought Kelowna real estate was expensive ... well....
Kelowna house prices to skyrocket: rising faster than the rest of Canada
http://globalnews.ca/news/1720339/watch ... of-canada/
Kelowna house prices to skyrocket: rising faster than the rest of Canada
http://globalnews.ca/news/1720339/watch ... of-canada/
2024 … still here adding info to benefit newcomers!
- Roo
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