Thursday, 7 May 2015

#Okanagan #Shuswap Housing Market Strong and Steady in April!

Okanagan-Shuswap Housing Market Strong and Steady in April 

Kelowna, BC – The Okanagan Mainline Real Estate Board (OMREB) reported April 2015 sales activity of all MLS® property types improved 10% compared to the same month in 2014 and saw a 13% improvement year-to-date over this time last year (January through April). “Driven by confident local buyers, April home sales in the Okanagan-Shuswap were robust as the market continued at a strong and steady pace – following the rising trend in most BC markets where activity is being fuelled by pent-up demand,” says Christopher Miller, OMREB President and active REALTOR® in the Central Okanagan. “As demand grows, days on market for all property types in our Board area continues to improve, and is now at 96 days on average compared to 103 in March, and 125 days to sell last year at this time. This news is encouraging for home owners who are looking to list and sell in a more timely fashion.”

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