Local Residential Real Estate Market Picking Up Speed
Posted on Jun 06, 2023 in Market Statistics
Residential real estate market sales are picking up the pace after a sluggish spring market start, reports the Association of Interior REALTORS® (the Association). A total of 1,662 residential unit sales were recorded across the Association region in May representing a mild 3.4% decrease in sales compared to the same month last year, yet up compare...
Benefits of Owning Rental Property
Posted on May 08, 2023
Assets that make money for you without requiring the constant investment of your time or physical presence are the bedrock of any strategy for achieving financial independence. Acquiring these assets should be the first step for anyone truly committed to building personal wealth. This is the approach used by the majority of the rich and powerful.
Bu...
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...
Investors and Developers seeking RU7 & MF1 Properties in Kelowna
Posted on Mar 30, 2023 in City Developments
Kelowna is a beautiful city in the Okanagan region of British Columbia, Canada. Known for its mild climate, vineyards, orchards, and stunning lake views, Kelowna is a popular destination for tourists and a sought-after location for real estate investment. If you're looking to invest in property in Kelowna, you may have come across the RU7 and MF1 z...
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...
