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Local Residential Real Estate Market Seeing High Demand Heading Into Fall

Wednesday, Oct 07, 2020
KELOWNA, B.C. – October 2nd, 2020. Residential sales for September saw a 12% uptick to 1,159 compared to August’s 1,034 total units sold across the region of Revelstoke to Peachland. September residential sales also surpassed last year’s sales by 78%, reports the Okanagan Mainline Real Estate Board (OMREB).   New residential listings saw some improvement over last month& ...
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Pent-up Demand Continues to Drive Local Residential Real Estate Market

Monday, Sep 07, 2020
KELOWNA, B.C. – August 5th, 2020. Residential sales for July continued to climb with an increase of 38% compared to June totaling 1,094 units across the region of Revelstoke to Peachland, up 35% compared to this time last year, reports the Okanagan Mainline Real Estate Board (OMREB).   New residential listings remained the same as last month clocking in at 1,494 new listings yet saw a ...
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Local Residential Real Estate Market Continues to Rebound in the Midst of Pandemic

Friday, Aug 07, 2020
KELOWNA, B.C. – August 5th, 2020. Residential sales for July continued to climb with an increase of 38% compared to June totaling 1,094 units across the region of Revelstoke to Peachland, up 35% compared to this time last year, reports the Okanagan Mainline Real Estate Board (OMREB).   New residential listings remained the same as last month clocking in at 1,494 new listings yet saw a ...
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Local Residential Real Estate Market Showing Signs of Bounce Back

Saturday, Jul 11, 2020
KELOWNA, B.C. – July 2020. Residential sales for June saw an uptick of 77% compared to May totaling 791 units across the region of Revelstoke to Peachland and saw a 9% increase compared to this time last year, reports the Okanagan Mainline Real Estate Board (OMREB).   New residential listings also saw an increase coming in at 1,494 new listings over last month’s 1,198. The overa ...
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Local Residential Real Estate Market Heading In The Right Direction

Monday, Jun 08, 2020
KELOWNA, B.C. – June 2nd, 2020. Residential sales across the region of Revelstoke to Peachland increased 95% totaling 446 units sold in May compared to April’s 299 unit yet remained down 42% from this time last year reports the Okanagan Mainline Real Estate Board (OMREB). New residential listings also saw an uptick totaling 1,198, an increase of 49% compared to last month’s ...
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Residential Real Estate Market Ready To Take Off The Pause Button

Thursday, May 07, 2020
KELOWNA, B.C. – May 5th, 2020. Residential sales across the region of Revelstoke to Peachland totaled 299 in April, down from March’s 551 sales and down 58% from this time last year reports the Okanagan Mainline Real Estate Board (OMREB). New residential listings, which totaled 806, declined 41% compared to last month’s new listings. Overall active listings saw a 4% uptick over ...
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Market Stable While Bracing for a Temporary Slowdown on the Heels of COVID-19

Tuesday, Apr 07, 2020
KELOWNA, B.C. – April 2nd, 2020. Residential sales across the region of Revelstoke to Peachland totaled 551 in March, up from February’s 435 sales and almost on par with this time last year’s 545 units sold reports the Okanagan Mainline Real Estate Board (OMREB). New residential listings, which totaled 1,365, jumped 45% compared to last month’s 939. Overall active lis ...
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Local Residential Market Continues Climb Ahead Of Spring Bloom

Monday, Mar 09, 2020
KELOWNA, B.C. – March 6th, 2020. Residential sales across the region of Revelstoke to Peachland totaled 435 in February, up from January’s 375 sales and 6% more than this time last year reports the Okanagan Mainline Real Estate Board (OMREB).   New listings, which totaled 939, increased 24% compared to last month while overall active listings increased almost 7% over January&rsq ...
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Residential Market Comes Out Strong To Start 2020

Friday, Feb 07, 2020
KELOWNA, B.C. – February 5th, 2020. Residential sales for January totaled 375 units across the region of Revelstoke to Peachland and saw a 20% increase compared to the same time last year marking a positive start to 2020, reports the Okanagan Mainline Real Estate Board (OMREB).   New listings more than doubled December’s count, with 758 compared to 446 last month, which is com ...
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Local Residential Real Estate Market Rings In New Year Ahead Of Forecasted Pace

Tuesday, Jan 07, 2020
KELOWNA, B.C. – January 7th, 2019. Residential sales for December across the region of Revelstoke to Peachland greatly exceeded December 2018’s sales by 23%, however came in shy of November’s 527 sales showing a decrease of 24%, reports the Okanagan Mainline Real Estate Board (OMREB).   The rebound in residential sales should help to mitigate the recent declines in prope ...
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