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 …

Michael A. Jones - PREC* | Royal LePage Kelowna

September stayed active across the North Okanagan. Sales and volume jumped year over year, while inventory edged higher. Detached homes moved well with flat pricing, townhomes held steady with slight softness, and condos improved in sales with mixed …

Michael A. Jones - PREC* | Royal LePage Kelowna

August was another steady month for the Vernon & North Okanagan market. Sales and sales volume climbed strongly year over year, while inventory remained higher than last year but eased from July. Detached homes held firm with modest …

Michael A. Jones - PREC* | Royal LePage Kelowna

Canada’s housing market is beginning to show signs of real momentum again. CREA reports four straight months of rising sales, fewer listings, and faster turnover. That has many, including CREA’s Senior Economist Shaun Cathcart, contemplating whether a seller’s market is …