Spring Residential Real Estate Market Continues to Attract Buyers – Okanagan Shuswap Real Estate Specialist

Indicators Mixed as residential real estate market Heads into Spring KELOWNA, B.C. – April 2 th , 2019. residential sales across the Revelstoke to Peachland region rose to 545 in March, up from February’s 407 yet 13% fewer than March of last year reports the okanagan mainline real Estate Board (OMREB).

It’s a hot topic of conversation amongst sellers and the team at Priscilla & Company, ‘Where are the buyers actually coming from?’. Spring is normally busy for the real estate market Generally, real estate sales in the Okanagan and Shuswap increase in May as compared to April. This year was no different, with sales 38% [&hellip

For Immediate Release Spring Residential Real Estate Market Continues to Attract Buyers KELOWNA, B.C. – June 4th, 2019. Residential sales across the region of Revelstoke to Peachland totaled 780 in May, up from April’s 707 sales yet 5% fewer than this time last year reports the Okanagan Mainline Real Estate Board (OMREB).

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For example, Rossland’s residential real estate again came out. “I feel like there is a pent-up buyers market still, because in the winter months a lot of sellers take their homes off or they don’t.

Reaction of industry leaders RBI’s monetary policy RBI policy leaves realtors desolate; want rate cut to boost sector. Real estate industry today expressed disappointment over RBI’s decision to keep the key interest rates unchanged, saying rate.

Residential sales across the region of Revelstoke to Peachland totalled 780 in May, up from April’s 707 sales yet 5% fewer than this time last year.

KELOWNA – Residential sales in the region spanning Peachland to Revelstoke were fewer this past month at 1020, as compared to July sales of 1042 posted to the multiple listing service, down just 2.1% from the previous month but still a 25.8% increase over August of last year reports the Okanagan Mainline Real Estate Board (OMREB).

Spring Residential Real Estate Market Continues to Attract Buyers. Residential sales across the region of Revelstoke to Peachland totaled 780 in May, up from April’s 707 sales yet 5% fewer than this time last year reports the Okanagan Mai.

In North Okanagan and Shuswap, it’s a Sellers’ real estate market in many property categories. But, we also find Buyers of upper end homes, $650,000 and up, are still being cautious and selective. In this price range, real estate Buyers in the North Okanagan and Shuswap are comparing existing listings with ‘new’ homes and constructions.