Market Statistics

Pent-up Demand Continues to Drive Local Residential Real Estate Market

Posted on Sep 03, 2020 in Market Statistics

Residential sales for August decreased slightly to 1,034 compared to July’s 1,094 total units sold across the region of Revelstoke to Peachland yet remained up compared to this time last year by 43%, reports the Okanagan Mainline Real Estate Board (OMREB). 

New residential listings decreased 17% from last month’s 1,494 yet narrowly missed August 2019...

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Local Residential Real Estate Market Continues to Rebound in the Midst of Pandemic

Posted on Aug 05, 2020 in Market Statistics

Residential sales for July continued to climb with an increase of 38% compared to June totaling 1,094 units across the region of Revelstoke to Peachland, up 35% compared to this time last year, reports the Okanagan Mainline Real Estate Board (OMREB). 

New residential listings remained the same as last month clocking in at 1,494 new listings yet saw a...

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Local Residential Real Estate Market Showing Signs of Bounce Back

Posted on Jul 03, 2020 in Market Statistics

Residential sales for June saw an uptick of 77% compared to May totaling 791 units across the region of Revelstoke to Peachland and saw a 9% increase compared to this time last year, reports the Okanagan Mainline Real Estate Board (OMREB). 

New residential listings also saw an increase coming in at 1,494 new listings over last month’s 1,198. The over...

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Local Residential Real Estate Market Heading In The Right Direction

Posted on Jun 03, 2020 in Market Statistics

Residential sales across the region of Revelstoke to Peachland increased 95% totaling 446 units sold in May compared to April’s 299 unit yet remained down 42% from this time last year reports the Okanagan Mainline Real Estate Board (OMREB). 

New residential listings also saw an uptick totaling 1,198, an increase of 49% compared to last month’s new li...

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Residential Real Estate Market Ready To Take Off The Pause Button

Posted on May 05, 2020 in Market Statistics

Residential sales across the region of Revelstoke to Peachland totaled 299 in April, down from March’s 551 sales and down 58% from this time last year reports the Okanagan Mainline Real Estate Board (OMREB). 

New residential listings, which totaled 806, declined 41% compared to last month’s new listings. Overall active listings saw a 4% uptick over M...

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Market Stable While Bracing for a Temporary Slowdown on the Heels of COVID-19

Posted on Apr 05, 2020 in Market Statistics

Residential sales across the region of Revelstoke to Peachland totaled 551 in March, up from February’s 435 sales and almost on par with this time last year’s 545 units sold reports the Okanagan Mainline Real Estate Board (OMREB).

New residential listings, which totaled 1,365, jumped 45% compared to last month’s 939. Overall active listings clocked...

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