LOCAL RESIDENTIAL REAL ESTATE ACTIVITY GAINING POSITIVE MOMENTUM
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2 Articles
LOCAL RESIDENTIAL REAL ESTATE ACTIVITY GAINING POSITIVE MOMENTUM
KADIN RAINVILLE KELOWNA – Residential real estate sales bounced back in June after a stretch of muted activity, reports the Association of Interior Realtors. A total of 1,494 residential unit sales were recorded across the Association region in June, coming in slightly above May’s 1,482 units and up 8.5% compared to units sold in June last year. New residential listings saw a 0.5% increase compared to June 2024 with 3,275 new listings recorded l…
The real estate intermediaries of LBS and savings banks expect a slight increase in demand for used residential properties by the end of the year. Since the supply is also expected to increase slightly, prices remain stable in the nationwide medium for the time being. According to the property experts of LBS and savings banks, the bottom of the market for residential properties has gone through. Although the price mirror for the LBS analysis "ma…
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