Are Kelowna Real Estate Prices Out of Control? [VIDEO]

https://www.youtube.com/watch?v=5T5SbTjp0GU

Wolf Krieg and Colin Krieg discuss how Kelowna’s house, apartment and townhome market is now in a balanced market vs the buyers market is has been in for the past 7 years. They also discuss how first time and out of town buyers are driving the market right now. CMHC believes there will be upwards pressure on prices, interest rates will hold steady and that the vacancy rate in Kelowna will continue to fall.