Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose January 1, 2025 December is a typical seasonal slow-down when it comes to real estate. Many folks who have their homes for sale take a pause so they can enjoy the holidays without worrying about showings. Buyers, unless needing […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose December 1, 2024 The condo market led the way in November with sales volume and average sale price up over both November of 2023 and last month. The townhome and single family home categories were both up in sales […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose November. 1, 2024 People always ask "when will the market hit rock bottom". Well the only real way to know when we're at the bottom of the market is when we come out the other side. But, with proper […]
October 23, 2024 Good news from the Bank of Canada again today as it delivered a widely expected fourth consecutive interest rate cut. The 50 basis points cut brings the rate down to 3.25%. This is great news for buyers. The last time the rate was this low was when it rose to 3.25% in […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose October. 1, 2024 Buyers, it is still your market! Now is a great time to buy. With a good amount of inventory, a dip in average sale price, and interest rates going down, it's a good time to consider […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose Sept. 1, 2024 Savvy buyers - it's your market. While the numbers of homes for sale in the Central Okanagan had been increasing throughout spring and summer, inventory dipped in August over July. Buyers do still have more choice […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose Aug 1, 2024 Kelowna's 2024 real estate market is influenced by several factors, particularly higher interest rates, which has reduced buyer activity. The ban on short-term rentals has caused some investors and vacation homeowners to sell, while others transition […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose July 1, 2024 Buyers - it's your market. This is the most inventory that's been on the market in the past 10 years (3,424 active listings in all categories in the Central Okanagan) - with last month and Spring/Summer […]
Kelowna Real Estate Stats & Trends - Market Watch With Kelowna Real Estate Agent Darcy Nyrose June 1, 2024 The weather dampened the May real estate market a bit, making it more difficult for our out-of-town buyers from the Lower Mainland and Alberta to make the drive over. How is the short-term rental ban and […]
