The January 2020 Buyers Survey Results are now posted for the Kelowna Real Estate Market and Central Okanagan area.
First Time Buyers and Couples without Children were some of the busiest Buyers last month. Buyers purchasing similar Properties were also busier in the market.
There were a few more Buyers from Alberta, and a few less from the Lower Mainland, and activity in Vernon, was also down last month.
To read the full report, please see below.
Best describe your most recent Buyer (moving to/from property type)
First Time Buyer – 22.09% (20.88%)
Revenue Property Investor – 12.27% (13.19%)
Moving Up – 16.56% (21.43%)
Similar Property Type – 19.63% (13.19%)
Downsizing – 13.50% (10.44%)
Single-family Res to Strata – 6.13% (2.75%)
Recreational Property – 6.75% (7.14)
Retirement Community-3.68% (1.10%)
Strata to Single Family – 1.23% (2.75%)
Describe the Buyer (family dynamic):
Couple without children – 23.93% (19.23%)