
The November 2019 Buyers Survey Results are now posted for the Kelowna Real Estate Market and Central Okanagan area.
First-time Buyers and Investors seemed to be busier again this month, and Empty Nesters / Retiree numbers were up.
Kelowna / West Kelowna area were nearly 9% busier this last month, whereas other areas in the Region have started to tail off as we head into Winter.
Please find the full summary below.
Best describe your most recent Buyer (moving to/from property type)
First Time Buyer – 22.18% (19.55%)
Revenue Property Investor – 12.13% (9.29%)
Moving Up – 17.99% (20.51%)
Similar Property Type – 14.23% (16.67%)
Downsizing – 13.81% (13.46%)
Single Family Res to Strata – 5.44% (6.09%)
Recreational Property – 7.11% (6.73%)
Retirement Community – 0% (1.60%)
Strata to Single Family – 4.18% (3.53%)
Describe the Buyer (family dynamic):
Couple...