
The latest Kelowna Real Estate Buyers Survey Results are now out, for December 2020.
Move up buyers were much busier in the market during the last month and fewer Recreational Properties were purchased.
Unsurprisingly, due to the time of year and an increase in Covid-19 restrictions, there were a higher proportion of local Buyers busy in the market.
Here is the full report.
Best describe your most recent Buyer (moving to/from property type)
First Time Buyer – 15.61% (18.43%)
Revenue Property Investor – 14.97% (14.09%)
Moving Up – 24.20% (18.16%)
Similar Property Type – 15.92% (14.09%)
Downsizing – 12.74% (12.47%)
Single-family Res to Strata – 2.55% (4.88%)
Recreational Property – 6.69% (12.20%)
Retirement Community – 1.27% (1.63%)
Strata to Single Family – 2.87% (4.88%)
Describe the Buyer (family dynamic):
Couple without children – 25.14% (25.14%)
Two-Parent Family/children – 31.35% (31.35%)
Empty nesters or retired...