Real Estate in Kelowna saw Market activity, at the beginning of August,  was generally low and it felt like everyone had gone on holiday, or were coming to terms with Mortgage Interest rate rises. Over the last couple of weeks, we have seen an uptick in online activity, showings and offers. While Buyer offers remain […]

Welcome my latest market performance report for Real Estate in Quail Ridge & the University District of Kelowna from January to June  2022,  based on MLS® listings & sales. Quail Ridge / University District Real Estate January 1, 2022, to June 30, 2022. Sales Numbers Summary for 6 Months January to June 2022 compared to 2021. […]

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 […]