Spring Residential Real Estate Market Continues to Attract Buyers – Okanagan Shuswap Real Estate Specialist

Buying Kelowna Real Estate in a Sellers Market Posted on January 15, 2014 by Peter Borszcz In the Central Okanagan Real Estate zone this December, new listings decreased 11% and unit sales increased 33% compared with this time last year ( stats here ).

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It’s a hot topic of conversation amongst sellers and the team at Priscilla & Company, ‘Where are the buyers actually coming from?’. Spring is normally busy for the real estate market Generally, real estate sales in the Okanagan and Shuswap increase in May as compared to April. This year was no different, with sales 38% [&hellip

The Central Zone of the Okanagan Mainline Real Estate Board (OMREB) reported March 2011 sales activity of all MLS property types improved over last month but dipped compared to sales reported at this time last year when buyers were spurred into the market early in the first quarter to avoid the impending HST.

OMREB: Spring Residential real estate market continues to attract buyers kelowna- residential sales across the region of Revelstoke to Peachland totaled 780 in May, up from April’s 707 sales yet 5% fewer than this time last year reports the Okanagan Mainline Real Estate Board (OMREB).

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Residential sales across the region of Revelstoke to Peachland totaled 780 in May, up from April’s 707 sales yet 5% fewer than this time last year reports the Okanagan Mainline Real Estate Board (OMREB). "The local market continues to attract buyers, even though consumers may not have the purchasing power they did prior to January of 2018.

Spring Residential Real Estate Market Continues to attract buyers.. kelowna, B.C. – June 4th, 2019. Residential sales across the region of Revelstoke to Peachland totaled 780 in May, up from April’s 707 sales yet 5% fewer than this time last year reports the Okanagan Mainline Real Estate Board (OMREB).

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With a wide selection of inventory available across the market, Saint John favoured buyers in 2017. The market is expected to become more balanced in 2018, however, as young professionals and foreign buyers motivated by low interest rates increasingly look to purchase residential real estate in Saint John.