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Residential Sales Volume On-Trend for Time of Year

Monday, Jan 15, 2018
KELOWNA, B.C. – January 8th, 2017. Typical for December, volumes in residential sales declined this past month, with 459 sales posted to the MLS®, a 24% decrease from November, but comparable to last year’s sales of 453 units reports the Okanagan Mainline Real Estate Board (OMREB).   “Outside of a couple of variances, the market is doing what it generally does this t ...
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Cooling Sales, Tight Supply Temper Okanagan Residential Sales Price

Friday, Dec 08, 2017
KELOWNA, B.C. – December 8, 2017. Residential sales posted to the Multiple Listing Service (MLS®) for the Okanagan region of Peachland to Revelstoke totaled 605 in November, falling 18% from last month’s 736 and up 6% from this time last year reports the Okanagan Mainline Real Estate Board (OMREB). “Despite a strengthening economy, lower unemployment and near record immigr ...
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Okanagan Residential Sales Typical for Fall Time

Tuesday, Nov 07, 2017
KELOWNA, B.C. – November 3, 2017. Residential sales posted to the Multiple Listing Service (MLS®) for the Okanagan region of Peachland to Revelstoke totaled 736 in October, comparable to last month’s 740 and just 6% lower than this time last year reports the Okanagan Mainline Real Estate Board (OMREB). “Not unusual for this time of year, October sales and new listing volum ...
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Cooling Trend Continues

Thursday, Oct 12, 2017
KELOWNA, B.C. – October 4, 2017. Residential sales in the Okanagan region of Peachland to Revelstoke continued a gradual cooling trend that started in June, with 740 sales posted to the Multiple Listing Service (MLS®) in September, a 16% drop from August sales of 882 and 16% fewer than this time last year reports the Okanagan Mainline Real Estate Board (OMREB).   “While t ...
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Fall To-do's around the House

Sunday, Oct 01, 2017
"Fall is in the air and with the cooler temperatures heading our way, here are a few "to-dos" to keep you and your family, healthy, safe and warm! 1. Vacuum out your dryer vent and make sure the flaps can close fully on the exterior. You'll save your home from potential fire risk and cold air ingress. 2. Check your furnace (or have a company come by for a fall service). Make sure it turns on pro ...
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Housing Demand Continues to Outpace Supply

Wednesday, Sep 06, 2017
KELOWNA, B.C. – September 5, 2017. Residential sales in the Okanagan region of Peachland to Revelstoke cooled slightly in August to 882, an 8% drop from July sales of 961 posted to the Multiple Listing Service (MLS®) and 14% fewer sales than August of last year reports the Okanagan Mainline Real Estate Board (OMREB).   “Conditions still favour the seller, and will likely ...
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Strong Residential Sales Despite Summer Slowdown

Monday, Aug 07, 2017
KELOWNA, B.C. – Aug 4th, 2017. Residential sales in the Okanagan region of Revelstoke to Peachland moderated slightly in July, with 961 sales posted to the Multiple Listing Service (MLS®), down 6% from June, and just 2% fewer than July last year reports the Okanagan Mainline Real Estate Board (OMREB). “While sales activity typically slows over the summer months, with this July n ...
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June Okanagan Home Sales Brisk

Monday, Jul 10, 2017
KELOWNA, B.C. – July 7th, 2017. Residential sales stayed constant across the Okanagan region of Revelstoke to Peachland, with 1018 home sold, just 10% lower than May, but 24% fewer sales than this time last year, reports the Okanagan Mainline Real Estate Board (OMREB).   “We are generally quite busy this time of year and, with continued upward pressure on the market due to a ...
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Okanagan Home Sales Spike in May

Wednesday, Jun 07, 2017
KELOWNA, B.C. – June 6 th , 2017. Home sales across the Okanagan region of Revelstoke to Peachland took a sharp upward turn in May, with 1132 homes sold, a 38% increase over April, but 6% fewer sales than this time last year, reports the Okanagan Mainline Real Estate Board (OMREB). “Spring is typically a busy market and the May indicators certainly reflect that,” says OMREB Pres ...
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April Market Holds Steady

Sunday, May 07, 2017
KELOWNA, B.C. – May 4, 2017. The residential real estate market across the Okanagan region of Revelstoke to Peachland turned in another solid month in April, with indicators comparable to the previous month, reports the Okanagan Mainline Real Estate Board (OMREB).   “April numbers held consistent with March across several key indicators, including sales volume, new listings, ...
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