June 2011 One of Kelowna’s Slowest in 20 Years!


Great Deals To Be Made and Bargains To Be Had Kelowna Market Update After the first half of the year, it appears the listing inventory of single family dwellings is stable at about 1,500 and the average prices are stable at $450,000. The number of monthly sales are about 25% below the average of the last 20 years. Buyers in this market expect value and many are taking advantage of some exceptional deals in today's market. We do have some very affordable buys in both the single family and condo markets. 930 single family homes sold so far this year…

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