2025 rebounded with 7% sales growth, average price steady at $1,000,082. January 2026 sales dipped 17%, but buyer activity surged sharply. Vacancy rates climbed toward 8–9%, a historic regional high. Over 3,000 new rental units hit Kelowna and West Kelowna. Experts...
Stable rates support confidence but don’t guarantee rising prices in affordability-constrained housing markets. Increasing inventory across Canada shifts many markets toward balanced or buyer-friendly conditions. Sales activity remains slower than inventory growth,...
Wrapping Up the Year & Looking Ahead to 2026 As we are into December now, the Okanagan is buzzing with its usual holiday charm lights along Lakeshore, ski hills reopening and a steady real estate market preparing for the new year. Here’s your quick...
Rom’s Opinion about the Okanagan Real Estate Market The Central Okanagan real estate market remains essentially flat in January 2026 after correcting through 2023 and stabilizing mid-2024. The absorption rate is 9.68% (percentage of properties sold in a given...
Rom’s Opinion about the Okanagan Real Estate Market Residential real estate activity in February experienced a modest rebound following a slower-than-expected January, reports the Association of Interior REALTORS® (the Association). A total of 838 residential...
