Market Statistics

Mortgage Rate Hike Dampening Residential Market Activity

Posted on Jul 07, 2022 in Market Statistics

KELOWNA, B.C. – July 6th, 2022. Residential real estate sales for the month of June in the region are slowing after the recent mortgage rate interest hikes by the Bank of Canada reports the Association of Interior REALTORS® (the Association). A total of 1,466 residential unit sales were recorded across the Association region, marking a 30.3% decrea...

Read More

Residential Real Estate Market Value Remains Steady As Sales Dip Slightly

Posted on Jun 06, 2022 in Market Statistics

KELOWNA, B.C. – June 3rd, 2022. Residential real estate sales for the month of May suggests market activity on a path of normalizing in the region while demand still remains high, reports the Association of Interior REALTORS® (the Association). A total of 1,687 residential unit sales were recorded across the Association region, marking a 24.9% decr...

Read More

Residential Real Estate Market Levelling Out Amid Interest Rate Hike

Posted on May 04, 2022 in Market Statistics

Residential real estate sales for the month of April showing signs of settling down after more than a year of historical high sales in the region, reports the Association of Interior REALTORS® (the Association). A total of 1,708 residential unit sales were recorded across the Association region, marking a 31.9% decrease compared to a record high nu...

Read More

Residential Real Estate Market Hits All-Time Record for March

Posted on Apr 05, 2022 in Market Statistics

Residential real estate sales for the month of March saw a slight uptick over February sales showing signs that the typically busy spring market has commenced in the region, reports the Association of Interior REALTORS®. A total of 1,898 residential unit sales were recorded across the Association region, marking a 25% decrease compared to a record...

Read More

Active Listings Remain At All Time Low For Local Real Estate Market

Posted on Feb 02, 2022 in Market Statistics

Real estate professionals continue to support buyers and sellers in navigating lack of inventory in residential real estate markets across the region from Revelstoke to Eastgate Manning Park and into the South Peace River region, reports the Association of Interior REALTORS®. 

Residential sales for the entire Association region for January 2022 saw a...

Read More

Local Real Estate Market Sees Strong Sales Despite Record Low Supply

Posted on Jan 05, 2022 in Market Statistics

Residential real estate across the region from Revelstoke to Eastgate Manning Park and into the South Peace River region finished off the year with record high sales, reports the Association of Interior REALTORS®. 

Residential sales for the entire Association region for December 2021 saw a down tick of 25% over December 2020, clocking in at 654 unit...

Read More

View Older Posts View Newer Posts