害羞草研究所

Skip to content

Okanagan real estate sales up 23% from December 2018

The Okanagan Mainline Real Estate Board releases the statistics for December 2019
20072497_web1_200108-SAA-for-sale-sign
(Black Press file photo)

Residential sales throughout the Okanagan saw an increase last December.

(OMREB), in the Central Okanagan, there were 118 single-family sales, 45 townhouse sales and 74 condo sales. The December 2019 sales in the Revelstoke to Peachland region surpassed December 2018害羞草研究所檚 sales by 23 per cent, but was a decrease of 24 per cent from November 2019.

害羞草研究所淲hile activity was subdued during the first half of the year, the last couple of months saw a strong push towards market recovery,害羞草研究所 said OMREB president Michael Loewen.

害羞草研究所淎s we head into 2020, it害羞草研究所檚 great to see demand remains robust as market conditions have pulled ahead of previous forecasts.害羞草研究所

READ MORE: Kelowna community group urges the city to do more in the fight climate change

READ MORE: Okanagan Symphony Orchestra presents Orchestral Rock Odyssey

It took an average of 80 days in the Central Okanagan to sell a home, as opposed to the entire regions average of 102 days.

The overall listings for December 2019 came in down four per cent from December 2018, but the late push in the year helped balance the numbers across the region.

害羞草研究所淭he rebound in residential sales should help to mitigate the recent declines in property tax assessments experienced by many homeowners in centers across our region,害羞草研究所 reads the .

Throughout the Central Okanagan in December 2019, the current inventory of single family residences dropped 6.7 per cent, townhouses dropped 10. 4 per cent and condos dropped 7.7 per cent.

To report a typo, email:
newstips@kelownacapnews.com
.



newstips@kelownacapnews.com

Like us on and follow us on .





(or

害羞草研究所

) document.head.appendChild(flippScript); window.flippxp = window.flippxp || {run: []}; window.flippxp.run.push(function() { window.flippxp.registerSlot("#flipp-ux-slot-ssdaw212", "Black Press Media Standard", 1281409, [312035]); }); }