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

Local Residential Market Supply Struggling to Meet Demand

Posted on May 04, 2023 in Market Statistics

Residential real estate market demand picking up in spring season while supply of inventory struggles to meet buyer demand, reports the Association of Interior REALTORS® (the Association).

A total of 1,226 residential unit sales were recorded across the Association region in April representing a 30.6% decrease in sales compared to the frenzied marke...

Local Residential Market Sales Trending Upwards Heading into Spring

Posted on Apr 06, 2023 in Market Statistics

Residential real estate market moving in a positive direction for spring as sales activity picks up after a slow start at the beginning of the year, reports the Association of Interior REALTORS® (the Association). A total of 1,207 residential unit sales were recorded across the Association region in March representing a 37.2% decrease in sales comp...

Local Residential Market Sales Heading in Positive Direction

Posted on Mar 07, 2023 in Market Statistics

Residential real estate sales showing positive signs of normalizing compared to the previous years of over stimulated market activity, reports the Association of Interior REALTORS® (the Association). A total of 831 residential unit sales were recorded across the Association region in February representing a 46.1% decrease in sales compared to the h...

Local Residential Market Sales Sees Slower Than Usual Start to Year

Posted on Feb 06, 2023 in Market Statistics

Residential real estate sales started the year off with nearly half as many sales activity compared to the same month the year prior, reports the Association of Interior REALTORS® (the Association).

A total of 552 residential unit sales were recorded across the Association region in January representing a 48.6% decrease in sales compared to the bust...

Local Residential Market Closes the Year at Slower Pace

Posted on Jan 06, 2023 in Market Statistics

Residential real estate sales concluded 2022 with softened sales activity for the month of December, reports the Association of Interior REALTORS® (the Association). A total of 572 residential unit sales were recorded across the Association region in December representing a 42.8% decrease in sales compared to the number of units sold during the unu...

Local Residential Market Cooling Down Heading into Holiday Season

Posted on Dec 05, 2022 in Market Statistics

Residential real estate sales for the month of November in the region

saw sales dip heading into the holiday season, reports the Association of Interior REALTORS® (the

Association).

A total of 844 residential unit sales were recorded across the Association region in November representing a

48.4% decrease in sales compared to the number of units sold du...

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