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Okanagan Real Estate Sales up 47.8% - October 4, 2013

Overall real estate sales in the Central Okanagan are currently up 47.8% from last year! Prices are remaining steady. We are not seeing increases in pricing yet. It is still very much a Buyer`s market but the fact that we are eating up inventory is a great sign. The laws of supply and demand hold true in real estate. The lower the supply, the greater the demand (when there is a strong demand for real estate, prices go up - prime example: Kitimat). 
If you need help buying or selling real estate or simply want a free market analysis to find out the current value of your property let us know! info@LakeOkanaganRealty.com
Overall real estate sales in the Central Okanagan are currently up 47.8% from last year! Prices are remaining steady. We are not seeing increases in pricing yet. It is still very much a Buyer`s market but the fact that we are eating up inventory is a great sign. The laws of supply and demand hold true in real estate. The lower the supply, the greater the demand (when there is a strong demand for real estate, prices go up - prime example: Kitimat). 

If you need help buying or selling real estate or simply want a free market analysis to find out the current value of your property let us know! info@LakeOkanaganRealty.com

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Alexandra Axsen
Owner/Managing Broker
Lake Okanagan Realty
Tel: 250.870.2729
Alex@LakeOkanaganRealty.com
www.LakeOkanaganRealty.com 

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