charliesangelsperth Kelowna Real Estate Update - November 2019 — Mortgage Sandbox
Kelowna Home Prices Begin Seasonal Decline

Kelowna Home Prices Begin Seasonal Decline

HIGHLIGHTS

  • There are a record number of Okanagan houses and condos for sale.
  • There have been fewer purchases of Okanagan houses and condos than in 2017 and 2018.
  • Both the Okanagan house market and Okanagan condo markets are in balance. In other words, sellers and buyers have equal negotiating power.
  • Okanagan condo prices are about the same today as they were 1 year ago.
  • Okanagan house prices are lower today that they were in May 2018
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Okanagan

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