Jared Franczak & Associates - West Kelowna BC Top Rated Real Estate Agents

Local Residential Real Estate Market Inventory on the Rise

Posted on Mar 05, 2024 in Market Statistics

Residential real estate market activity is heating up heading into the typically bustling spring and summer market, reports the Association of Interior REALTORS® (the Association).

February Sales

A total of 810 residential unit sales were recorded across the Association region in February coming in above January’s 603 units sold, yet down a moderate...

High Interest Rates Continues to Chill Local Residential Real Estate Markets

Posted on Jan 04, 2024 in Market Statistics

Residential real estate market sales activity for December cooled as high interest rates continued to impact the real estate market, reports the Association of Interior REALTORS® (the Association).

A total of 528 residential unit sales were recorded across the Association region in December coming in below November’s 813 units sold and representing...

Local Residential Real Estate Market Dampened by Interest Rates

Posted on Nov 07, 2023 in Market Statistics

Residential real estate market sales are below average for October as high interest rates continue to dampen market activity, reports the Association of Interior REALTORS® (the Association).

Inventory

A total of 977 residential unit sales were recorded across the Association region in October marking a slight increase over September’s 977 units sold...

Market Activity Curbed by High Interest Rates

Posted on Oct 05, 2023 in Market Statistics

Residential real estate market sales dipped in September as high interest rates continued to stifle market activity, reports the Association of Interior REALTORS® (the Association). A total of 977 residential unit sales were recorded across the Association region in September marking a significant dip from the previous month’s 1,265 units sold and...

Local Residential Real Estate Market Remained Steady Amid Wildfire Activity

Posted on Sep 07, 2023 in Market Statistics

Residential real estate market sales activity slowed down slightly but remained steady in August as wildfire activity in the region hit its peak, reports the Association of Interior REALTORS® (the Association).

A total of 1,265 residential unit sales were recorded across the Association region in August, representing a moderate 2.6% increase in sale...

Typical Summer Slowdown for Local Residential Real Estate Market Activity

Posted on Aug 04, 2023 in Market Statistics

Residential real estate market sales activity cools down slightly in July as the hot summer holidays wind down, reports the Association of Interior REALTORS® (the Association). A total of 1,337 residential unit sales were recorded across the Association region in July, representing a 9.5% increase in sales compared to July 2022, yet down compared t...

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