Home Prices Up, Sales Slowed – October 2018
Posts tagged with: average days to sell
Home Prices Up, Sales Slowed – October 2018
Home Prices Up, Sales Slowed – October 2018 Home prices have continued to rise month over month in the North Okanagan and Shuswap. There was a slight rise in September and another 3% rise again for single family homes again in October. However sales were down again month over month and new listings continued to [&hellip
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Sales Slowed In September But Vacation and Lakeshore Picking Up
Sales Slowed In September But Lakeshore Up By Michael Kinghorn Home prices have continued to rise in the North Okanagan and Shuswap despite a decline in actual sales of residential property. This ‘re-balancing’ of the market has seen it move from a more of a sellers’ market to one that is more even between home [&hellip
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August Sales Held But Vacation And Lakeshore Improved
August Sales Held But Vacation And Lakeshore Improved By Michael Kinghorn August sales were slower for homes in the North Okanagan, showing a slight decline over last month, but despite the slower than anticipated market, there was still movement in our higher end listings. This, despite all of the roadblocks put in place by the [&hellip
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July Sales Improved – Strong August Next?
July Sales Improved – Strong August Next? By Michael Kinghorn July sales improved for Priscilla and Company, bucking the trend we are seeing in the North Okanagan. We were a part of one sale over $2MM and two more over $1MM, while also getting two more sales over $900K. That is in contrast to the [&hellip
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Is This The Time To Sell?
North Okanagan Real Estate – Is This The Right Time To Sell? By Michael Kinghorn All the talk recently has been about how the Real Estate market has taken a down turn. While that may be the case in larger urban centres such as Toronto and Vancouver, we don’t think that is the case in [&hellip
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Okanagan/Shuswap Real Estate Statistics – July/August 2017
Typical of most summers, the real estate market moderated slightly in July, down 6% from June and down 2% from July last year. Prices in our region continued to reflect strong demand for the available supply. The average home price in July reached $504,712, down slightly (1%) from June, but up 6% from July last [&hellip
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Okanagan/Shuswap Real Estate Statistics – May/June 2017
Spring is normally busy for the real estate market with sales increasing in May over April. This year was no different, with sales 38% higher than April – but 6% lower than May 2016. Real estate listing inventory shortage may be easing slightly, but rising prices, short turn-arounds of home sales and the ratio of [&hellip
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