
The latest Kelowna Real Estate Buyers Survey Results are now out, for August 2020.
Move up Buyers and Recreational Buyers, together Two-Parent Families with Children were busier in the market last month.
There were slightly less local Buyers, and less Buyers in the Kelowna / West Kelowna area, whereas there were more Buyers in the Vernon / Coldstream area.
Here is the full report.
Best describe your most recent Buyer (moving to/from property type)
First Time Buyer – 14.22% (15.10%)
Revenue Property Investor – 9.71% (8.92%)
Moving Up – 23.48% (21.28%)
Similar Property Type – 20.54% (21.74%)
Downsizing – 14.00% (11.44%)
Single family Res to Strata – 2.26% (5.26%)
Recreational Property – 11.06% ( 8.47%)
Retirement Community – 0.90%(2.29%)
Strata to Single Family – 2.03% (3.20%)
Describe the Buyer (family dynamic):
Couple without children – 25.23% (25.28%)
Two Parent family/children – 33.11% (28.44%)
Empty nesters...