The latest Association of Interior Realtors Buyer Survey Results for July 2022 are now out.
First-Time Buyers and Move-Up Buyers were busier last month, as well as buyers of Similar Properties.
There were a larger proportion of local buyers in the Market last month, together with a modest uptick in Buyers from the Lower Mainland and Vancouver Island, and a slight drop in Alberta Buyers.
There were fewer Buyers in the Kelowna /West Kelowna area, while many other areas saw numbers rise.
Here are the full results.
Best describe your most recent Buyer (moving to/from property type)
First Time Buyer – 19.79% (16.85%)
Revenue Property Investor – 10.25% (11.80%)
Moving Up – 13.07% (10.67%)
Similar Property Type – 25.80% (22.75%)
Downsizing – 15.90% (16.01%)
Single-family Res to Strata – 4.95% (5.62%)
Recreational Property – 8.13% (8.43%)
Retirement Community – 2.47% (2.25%)
Strata to Single Family – 2.47% (2.53%)
Describe the Buyer (family dynamic):...