We’ve seen another increase in new listing inventory this month, and as interest rates took another jump it has had a significant effect on sales numbers, in the Kelowna Real Estate Market, which has continued to temper home price growth.   The higher mortgage rates have caused many homebuyers to pause their search, especially, as […]

Both Buyers and Sellers are watching the real estate market very closely at the moment, as the market continues its shift. Predictions that a recession is on the way, inflation is continuing to rise and further interest rate rises are coming, are all definitely having an effect on consumer confidence. We know that interest rates […]

Well, there is so much to talk about with regard to the Kelowna Real Estate Market this month. There are so many opinions flying around out there! In case you haven’t heard, we have experienced a definite slowdown in the market during the last month. Buyer fatigue, the new Interest Rate environment (the Bank of Canada […]

Last month the Kelowna Real Estate Market seemed to show the first definite signs of a slow-down, after the latest interest rate rise and the continuing impact of inflation on the cost of living. Before we start thinking ‘ the sky is falling’, however, 47% of Single-Family home sales last month sold at or above […]