The latest Buyers Survey Results have now been published for the Kelowna Real Estate Market and Central Okanagan Area for April 2019.
Points of interest this month -:
- 61.37% of Buyers were local compared to 56.2% in April 2018.
- 15.07% of Buyers came from the Lower Mainland compared to 20.2% April 2018 - highlighting the effects of the dip in their Real Estate Markets.
- 9.59% of Buyers came from Alberta, which was up from 9.1% last year.
Here is the full summary below.
Overview Property Type:
23.48% First Time Purchase (down from 24.00% in March)
19.61% Move Up Purchase (up from 19.11%)
16.85% Relocating to Similar Property Type (up from 15.56%)
8.29% Revenue/Investment (up from 8.00%)
15.75% Downsizing (up from 14.67%)
5.52% Moving from Single-family Home to Strata Unit (up from 4.89%)
2.76% Moving from Strata Property to Single Family Home (up from 2.67%)
5.25% Recreational Property (up from 4.89%)
2.49% Retirement Home/Seniors Community (up from 0.89%)
Buyer Type (Family Dynamic):...