
The latest Kelowna Real Estate Buyers Survey Results are now out, for November 2020.
First-Time Buyers and Revenue Investors were busier in the market this last month.
There were more 2 Parent Families Buying, and the Market in Kelowna / West Kelowna was busier, with Vernon area being less busy.
Here is the full report.
Best describe your most recent Buyer (moving to/from property type)
First Time Buyer – 18.43% (13.98%)
Revenue Property Investor – 14.09% (10.38%)
Moving Up – 18.16% (22.03%)
Similar Property Type – 14.09% (20.34 %)
Downsizing – 12.47% 14.41%)
Single-family Res to Strata – 4.88% 5.30%)
Recreational Property – 12.20% (8.05%)
Retirement Community – 1.63% (0.42%)
Strata to Single Family – 4.88% (2.54%)
Describe the Buyer (family dynamic):
Couple without children – 25.14% (23.54%)
Two-Parent Family/children – 31.35% (25%)
Empty nesters or retired – 17.3% (24.79%)
Single female – 11.89%...