Kelowna Real Estate, inching towards a balanced market

First things first…Kelowna’s real estate market is still in what we all refer to as a Buyers Market. Almost 2,000 homes on the market and a typical month sees us record about 200 residential sales. We would need about 330 sales a month board wide before...

Kelowna Condo and Townhouse Market Up or Down?

Some have been asking for condo statistics for last month so here is my breakdown, explanations and predictions. Bad news first. There are currently 423 townhouses and 1,013 apartments for sale in Kelowna. Let’s start with apartments. If you own an apartment...