Okanagan Real Estate

• Okanagan real estate takes step towards balance after Bank of Canada’s interest rate cut

  As anticipated, rates are being slashed by half of a percentage from 4.25 per cent to 3.75 per cent.

  Canada

  Oct 23
  
• Okanagan real estate: Rise in sales from April to May

  For real estate in the Okanagan and Shuswap regions, May saw 926 units sold, up from 785 units in April.

  Money

  Jun 5
  
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• Housing prices falling, supply increasing across Okanagan

  New residential listings had an uptick of 34.3 per cent compared to April 2023 with 3,409 new listings recorded a month earlier, according to the real estate association.

  Economy

  May 5
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• Okanagan real estate: February sees noticeable pick up in sales, listings

  The Association of Interior Realtors says new residential listings are up 29.5 per cent from one year ago, with 2,328 new listings recorded in February.

  Canada

  Mar 6
• Okanagan real estate: Increase in sales of 5.6 per cent, but stats vary across region

  January is typically a slow month for real estate. But Okanagan realtors greeted the new year with a 5.6 per cent year-over-year sales bump. The data on price, however, is mixed.

  Economy

  Feb 6
• Okanagan real estate: Annual December sales drop ‘slower than usual’

  In the Okanagan, 296 residential sales were recorded in December, with another 33 in the Shuswap and Revelstoke region.

  Consumer

  Jan 4
• Okanagan housing market still has ‘pent-up demand’

  The number of homes on the market throughout the South Okanagan has jumped by 39 per cent but realtors say they haven't seen an equally impressive reduction in pricing. 

  Consumer

  Dec 13, 2023
• Central Okanagan real estate ‘seasonal slowdown’ underway

  Residential real estate market sales activity hit what industry officials call a "seasonal slowdown," though it's still slower than the same period a year earlier. 

  Economy

  Dec 7, 2023
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• Okanagan’s real estate listings could increase after new short-term rental rules

  Kelowna realtor Brian Pedersen, who also owns several short term rental units himself agrees, saying he thinks many people will be forced to sell.

  Canada

  Oct 19, 2023
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• Okanagan real estate market cools in July

  1,337 residential unit sales were recorded last month, a 9.5-per cent jump in sales from July 2022. However, that’s a drop from June 2023, when the region saw 1,656 units sold.

  Economy

  Aug 6, 2023