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Michael A. Jones - PREC* | Royal LePage Kelowna
October data shows Vernon and the North Okanagan outperforming provincial trends. Sales jumped 18.1% year over year, while inventory tightened and absorption strengthened. The sales-to-new-listings ratio printed at 61.2%, signaling a seller-leaning market. Homes are selling in …
View MoreMichael A. Jones - PREC* | Royal LePage Kelowna
October data shows a market finding balance despite cautious buyer sentiment. Bank of Canada rate cuts are stabilizing prices and maintaining seasonal activity, but they are not driving demand spikes. Sales fell 5.6% year over year while dollar …
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