Kelowna/Okanagan Real Estate Market - December 7, 2015
Okanagan residential real estate sales are up 21% from a year ago today. More homes were sold in the Okanagan last month that in any November since 2005!
Strong consumer confidence is translating into an increased housing demand. The Okanagan is currently experiences an increase in employment and wage increases which is helping to drive the local real estate market.
Our inventory of actively listed properties is down almost 9%. With fewer homes for sale, buyers are now facing increased competition for properties.
For more information on the Kelowna/Okanagan real estate market, please contact real estate expert:
Lake Okanagan Realty Ltd.
Tel: (250) 870-2792
Fax: (778) 484-5252
506 Doyle Avenue
Kelowna, BC V1Y 6V8