March 2024 - Central Okanagan Real Estate News - Kelowna Real Estate | Briggs On Homes Group | Jaime Briggs

March 2024 – Central Okanagan Real Estate News

Open House Sunday April 7th
April 4, 2024
New Price – 5026 Twinflower Cres
April 9, 2024
Open House Sunday April 7th
April 4, 2024
New Price – 5026 Twinflower Cres
April 9, 2024

The March 2024 Okanagan real estate stats are now in!

To summarize, Central Okanagan Sales were down -30% and listings were up +40%, which definitely creates a “buyers’ market”.

The next Bank of Canada rate announcement is scheduled for April 10th. Although we aren’t expecting much from it, we do hope that some continuity may help buyers’ confidence return to the market. Also, many buyers DO like to move during the summer months, or be settled with their families before the September school year starts, so this will likely boost up activity quite a bit in the coming months.

If you have any questions or want to chat about these statistics and how it effects your home buying or home selling decisions, please do reach out. The Briggs On Homes Real Estate Group is here to help! Give us a call at 250-215-0015, or go to www.BriggsOnHomes.com

Click here to view all media posts, statistics and more: https://www.dropbox.com/scl/fo/krqx3nqdk403dbjpq7qs3/h?rlkey=q7q95c44sr2a7y4vp637ttefq&dl=0 

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