Statistics Canada says most large urban regions in Canada saw their population growth slow in 2020, in part due to people working from home seeking a higher-quality lifestyle.

Homes sales in the Central Okanagan, North Okanagan and Shuswap-Revelstoke region have risen dramatically from this time last year.

“Seasonally, we normally see the market start to calm down towards the colder winter months. However, that was not the case for October."

Real estate board says residential sales for July continued to climb, with an increase of 38 per cent compared to June.

The Okanagan Mainline Real Estate Board says single family home sales in the Central Okanagan rose 22.5 per cent from May to June.

The global pandemic has led to a significant decrease in the number of new home listings.

The Okanagan Mainline Real Estate Board says the rebound in residential sales should help to mitigate the recent declines in property tax assessments experienced by many homeowners.

Kelowna's average house prices continue to creep up in price.

The real estate market throughout much of the Okanagan and surrounding area looks and feels a lot different than a year ago.

Home sales in the Okanagan have picked up since January, but they are still 19 per cent lower than last year at this time.