Quick recap on Kelowna real estate market activity for December 2018 and the year as a whole. It was a wild ride. Find out why.
Quick recap on Kelowna real estate market activity for December 2018 and the year as a whole. It was a wild ride. Find out why.
Kelowna real estate market recap for November 2018
Kelowna Real Estate Market Update & Stats for October 2018. See the current state of the market.
Kelowna Real Estate Market remains remarkably resilient. In fact the average price of all homes increased approx 8% over 2017.
Just like the weather, you could say the housing market has starting to cool off in Kelowna and the Okanagan, but for most real estate experts that's just another way of saying it's returned to some degree of normalcy.
It is safe to say that the market is now in a balanced state. We have seen consistent numbers for the last several months for supply ranging from 6-7 months of inventory of properties on hand in Kelowna and the surrounding areas.
Throughout the past few months, the Kelowna Real Estate Market has continued a trend towards a balanced market. With nearly 6 months’ supply, we may have finally reached a true balanced market in Kelowna. SO WHAT DOES THIS “BALANCED REAL ESTATE MARKET” REALLY MEAN? Characteristically, interest rates tend to be a little more affordable and […]
The Kelowna Real Estate Statistics for May 2018 are out and we see a continuation of shifting to a balanced market.
The Kelowna Real Estate Statistics for April 2018 are out and we see a continuation of a moderating trend. Sales are down roughly 15% from April 2017, while prices are still up approximately 10% over 2017.
The March Real Estate Kelowna stats are interesting as we are seeing a slight change with sales being down over March 2017, however, the number of listings and sales prices are still rising. At this point, there is not enough data or consistency to suggest this is a trend.
2018 is off to a strong start with solid numbers for home sales in January already.
Home sales in 2015 and 2016 surged in Kelowna but in 2017 we saw a return to more historically normal levels in the Kelowna Real Estate market.
Over all another great month to almost end off a fantastic year for the Kelowna Real Estate market. The statistics from the Okanagan Mainline Real Estate Board show we saw a very busy November for real estate sales in 2017 and sales for the year have continued to surpass 2016 sales activity in November.
IS THE MARKET CHANGING?
Latest numbers show that after 7 months of sales decline vs the same 7 month time period...
IS THIS BALANCED MARKET HERE TO STAY?
In the world of real estate, we hear the terms “buyer’s market,” “seller’s market,”...
Neutral Real Estate Market??
Is Kelowna in a "Neutral Real Estate Market"? A Neutral Market is considered balanced; the scales don't tip...
Has the market stabilized?
As we in Kelowna are enjoying our Summer vacations, it seems that the Kelowna Real Estate market is...
Is This a Buyer’s, Seller’s, or Balanced Housing Market?
For the first 6 months of 2017, we saw near record-low inventory, which...
HOT, HOT, HOT....The Weather and The Real Estate Market heated up in May 2017
The weather is getting hotter and so...
Spring in the air and it is also in the Kelowna Real Estate Market. May is promising to show us some sunny Kelowna days...
Kelowna Real Estate Market Stats & Trends - MARCH 2017
It has been another great month for the Kelowna Real Estate Market. The...
Kelowna Real Estate Stats & Trends - FEBRUARY 2017
Nyrose and Associates is proud to present a SNAPSHOT of the Central Okanagan housing...
2016 MARKET STATS - The Central Okanagan MLS statistics have recently been released and its showing that the...