Oil Prices and Kelowna Real Estate


https://www.youtube.com/watch?v=zGtjxJK2cKA Wolf and Colin Krieg discuss 2014 market and how it was substantially over the 20 year average most of the year, except for November. They decided that this could not be attributed to the recent oil prices. They spoke to realtors in Fort McMurray to compare to their market, which has slowed.

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What’s driving Kelowna’s Surge in Real Estate?


https://www.youtube.com/watch?v=dQSCtThj32k What is driving the surge of sales in Kelowna's real estate? Wolf and Colin Krieg discuss single family, townhomes and apartments in Kelowna. They compared the percentage of properties that have sold in each style, as well as the most active price range. Colin identifies that 20% of the buyers are coming from Alberta, as well as a large percentage are first time buyers. Wolf compares the Million dollar plus range to Vancouver and Toronto on how crazy their markets are in comparison.

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