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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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March Residential Sales Compare to Last Year

Friday, Apr 07, 2017
KELOWNA, B.C. – April 6, 2017. Residential sales totaled 824 across the region of Revelstoke to Peachland, generally on par with sales this time last year and a 58% increase over February, reports the Okanagan Mainline Real Estate Board (OMREB).   Other key market indicators include average price, which was $475,172.74, comparable to February and just 10% over March last year. Days ...
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Okanagan Residential Market Picks Up In February

Tuesday, Mar 07, 2017
KELOWNA, B.C. – March 6, 2017. Residential sales across the region of Revelstoke to Peachland totaled 520 in February, an increase over January’s 353 sales, yet a 9% decrease over February of last year, reports the Okanagan Mainline Real Estate Board (OMREB.)   “Clearly, market activity is picking up, which is typical of February, although sales volume is 10% lower than ...
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January Residential Sales Activity Consistent with Last Year

Tuesday, Feb 07, 2017
KELOWNA, B.C. – February 6th, 2017. Residential sales across the region of Revelstoke to Peachland totaled 353 in January, consistent with a year ago when 334 homes were sold, yet a 22% decrease over the 453 sales in December, reports the Okanagan Mainline Real Estate Board (OMREB). “While sales volume for January was just 5.6% higher than a year ago, the inventory of properties av ...
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