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Who is Buying Real Estate in the Okanagan

Property Type:
18.8% by First Time Buyers (down from 20.5% in December)
17.0% buying Revenue/Investment Property (down from 18.2%)
16.4% by Move-Up Buyers (down from 18.2%)
16.4% by Relocating and moving to similar property type (up from 14.2%)
10.3% by Buyers Downsizing (down from 13.6%)
7.9% moving from Single Family Home to Strata Unit (up from 6.3%)
7.3% buying Recreation Property (up from 4.6%)
2.4% moving into Retirement Home/Seniors Community (down from 3.4%)
2.4% moving from Strata Property to Single Family Home (up from 1.7%)

Buyer Type (Family Dynamic):
23.5% Couple without Children (down from 25.4% in December)
23.5% Two Parent Family/Children (down from 23.7%)
22.3% Empty Nester/Retired (up from 18.1%)
13.9% Single Female (up from 12.4%)
10.2% Single Male (down from 13.0%)
6.0% Single Parent with Children (up from 5.1%)
 
Moving From:
55.4% from Within OMREB Board Area (down from 64.2% in December)
16.9% from Lower Mainland/Vancouver Island (down from 18.8%)
12.1% from Alberta (up from 4.0%)
7.2% from Other Areas in BC (down from 8.0%)
3.6% from Eastern Canada/Maritimes (up from 1.1%)
2.4% from Saskatchewan/Manitoba (down from 3.4%)
2.4% from Outside Canada (up from 0.6%)
0.0% from NWT/Yukon (no change from 0.0%)

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