The Kelowna Real Estate Statistics for May 2018 are out and we see a continuation of shifting to a balanced market.
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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...
