Rom’s Opinion
Here’s an opinion of a Broker in the Okanagan that I can very much agree with, so here it is:
I was talking to a Realtor the other day and he said, “the market is sure tanking isn’t it?” There is an old joke in our business that Realtors are the last people to know what is going on in the Real Estate market. I admit it’s not a very funny joke. I asked him why he thought that and he said that everyone knows that. I asked him what he thought was going on with prices. He said he thought they were way down. I told him that Year to Date residential sold prices are up about 9.5 % compared to same period last year. …Then I told him our year to date sales are still above the 10 year average. He called me an optimist. Things that make you go Huh! As I mentioned last month the market in the Okanagan and the Shuswap is softening but we needed to slow down a bit. I guess if people keep saying the bubble is bursting eventually it will be correct. Even a broken clock is correct twice a day. Have an amazing month.
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- CENTURY 21’s MONTHLY REPORT
- THIS MONTH’S SALES COMPARISON
- 6 KELOWNA REAL ESTATE GRAPHS
