What’s driving Kelowna’s surge in real estate


  This was the best September ever in the history of Kelowna. Just under 250 Single Family Dwellings sold and we saw the same great activity for condos. September Real Estate News October 2014 This was the BEST SEPTEMBER EVER in the history of Kelowna! Just under 250 Single Family Dwellings sold and we saw the same great activity  for condos.  Townhomes received the lion share with 26.5% of it's inventory selling. The Albertans keep on coming. They are doing well and want to enjoy some of our nice climate. We see great activity with first time home buyers which explains the high demand…

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Balanced conditions set to return to most Canadian housing markets in 2012, while residential values expected to set new records


Kelowna, BC (December 6, 2011) – Canadian residential real estate defied conventional logic and outperformed expectations in 2011, posting another solid year of housing activity virtually across the board. The trend is expected to carry forward into 2012 as Canadians continue to demonstrate their faith in homeownership, despite concerns over the European debt crisis and its impact on the global economy, according to a report released today by RE/MAX. The RE/MAX Housing Market Outlook 2012 examined trends and developments in 26 major markets across the country. Eighty-eight per cent (23/26) anticipated average price increases by year-end 2011—with percentage hikes ranging from one to…

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