Despite the road closures and colder weather the market continued its climb well into the holiday season.
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Despite the road closures and colder weather the market continued its climb well into the holiday season.
With so much of the market being driven by newcomers it is yet to be seen how recent storms will affect our market.
Summer is past and the market seems like it has cooled, but not all is as it seems.
The market cooled again in August, being the slowest sales month of the year.
Recently media have been indicating that the Okanagan market may be beginning to cool.
Although traditionally the real estate market is expected to cool in the summer months the Okanagan Real Estate Market continues to rise in price along with the hot summer temperatures.
While a slight cooling has occurred in multiple offers because of the travel restrictions, we are still seeing competing bids throughout the entire real estate spectrum.
Prices continue to rise in the Okanagan with median prices surpassing the eight hundred thousand mark.
As spring comes to the Okanagan we continue to see unprecedented record-breaking sales through the entire market.